The paper studies the effects of foreign direct investment (FDI) on economic growth when sufficient provisions of infrastructure is a pre-requisite. In the overlapping generations structure setting, we show that technology spillovers via FDI take place only when the host country has the...

I study the effects of technology spillovers (“catch-up”) and a firm's investment in skills (training) on the firm's productivity when FDI (foreign direct investment) is a carrier of new technology. Using 1992 firm-level survey data in China, I test the investment equation proposed by...

I study the effects of technology spillovers ("catch-up") and a firm's investment in skills(training) on the firm's productivity when FDI (foreign direct investment) is a carrier of new technology. Using 1992 firm-level survey data in China, I test the investment equation proposed by Parente and...