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direct investment (FDI) activity in driving regional total factor productivity (TFP). Using West German state-level data for … specification. For the long-run cointegration equation, the empirical results hint at export- and FDI-led growth. Additionally …This article applies the novel concept of global panel cointegration to analyze the role played by trade and foreign …
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purpose, using the Solow residual approach the aggregate total factor productivity (TFP) in India is estimated to measure FDI …-induced spillovers. The results show that the inflow of FDI to India indeed improves TFP growth through positive spillover effects. We …The main contribution of this article is to examine the productivity spillover effects from India’s inward foreign …
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. Endogeneity problem is solved by using panel cointegration estimation technique which made our study different from previous. The …The objective of this study is to achieve empirically the direct as well as indirect effect of FDI on economic growth … for 30 developing countries from 1980 to 2004. For Indirect effect we will emphases on technology spillover through FDI …
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