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 and also conditional on infrastructure. Domestic...

We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...