Showing 1 - 10 of 21,731
We examine the differential impact of portfolio debt, portfolio equity, and FDI inflows on 37 manufacturing industries … cross-sectional regressions of manufacturing industries' growth rates covering 17 years. Net portfolio debt inflows are … negatively associated with growth during the mid 1990s. The magnitudes of the negative effect of surges in portfolio debt inflows …
Persistent link: https://www.econbiz.de/10013122429
We examine the differential impact of portfolio debt, portfolio equity, and FDI inflows on 37 manufacturing industries … cross-sectional regressions of manufacturing industries' growth rates covering 17 years. Net portfolio debt inflows are … negatively associated with growth during the mid 1990s. The magnitudes of the negative effect of surges in portfolio debt inflows …
Persistent link: https://www.econbiz.de/10012461431
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
Persistent link: https://www.econbiz.de/10009376718
Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
Persistent link: https://www.econbiz.de/10010251655
inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and … probability. Higher stock of short term external debt has been associated with a substantial negative effect on the probability of … a takeoff, and the effect of the short terms debt overhang is largest for Latin American countries. Yet, virtually all …
Persistent link: https://www.econbiz.de/10009270029
inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and … probability. Higher stock of short term external debt has been associated with a substantial negative effect on the probability of … a takeoff, and the effect of the short terms debt overhang is largest for Latin American countries. Yet, virtually all …
Persistent link: https://www.econbiz.de/10009272046
This paper investigates the impact of foreign direct investment (FDI) on economic growth in a sample of 10 ex-socialist European and Asian countries. While the link between FDI and economic growth has been extensively investigated in empirical literature, this paper contributes to this...
Persistent link: https://www.econbiz.de/10014246483
The purpose of this study is to examine the impact of Outward Foreign Direct Investment (OFDI) on economic growth. Two econometric approaches are applied: cross-country regression for the sample of the selected ASEAN countries and a time series approach for China. Both approaches suggest that...
Persistent link: https://www.econbiz.de/10013004632
This study investigates the linkage between portfolio investment and economic growth in 18 developed and 27 developing countries. Furthermore, it compares and analyzes interest-bearing and non-interest-bearing assets and the economic development level. The results of our analysis show that...
Persistent link: https://www.econbiz.de/10014307374
This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries. We first develop several theoretical arguments to show that institutional heterogeneity may be an explanation for the mixed results of previous empirical studies. Second,...
Persistent link: https://www.econbiz.de/10013020803