This paper investigates the relationship between bilateral FDI positions and cross-country business cycle correlations … in the period 1982-2001. We find that countries that have comparatively intensive FDI relations also have more … synchronized business cycles during 1995-2001. Before 1995, we also find a positive association between FDI linkages and output …

between FDI and entrepreneurship; positive spillovers via dissemination of technology or negative because of crowding out. Our … empirical analysis is conducted at three levels of aggregation. We find the relationship between FDI and domestic …

In this paper we distinguish different qualities of FDI to re-examine the relationship between FDI and growth. We use … quot;qualityquot; to mean the effect of a unit of FDI on economic growth. However, this is difficult to establish because … differentiate quality FDI in several different ways. First, we look at the possibility that the effects of FDI differ by sector …

even existence of knowledge spillovers from foreign direct investment (FDI). This article reviews the recent theoretical … knowledge spillovers from FDI. Studies on the importance of mediating factors and FDI heterogeneity are less conclusive and …, mediating factors, and FDI heterogeneity. Studies that take into account individual spillover channels find robust evidence of …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property …'s accession to the World Trade Organization) (WTO) in 2001. We also show that there is a positive upstream spillover effect of FDI …