Objective – The main objective of this paper is to investigate whether labor productivity is an important contributing factor to FDI inflows and in turn if FDI enhances labor productivity. Methodology/Technique – Hence this is ensued by an investigation of whether a bi-directional causality...

This paper documents and analyzes the rise of emerging East Asian economies as major international investors. Foreign direct investment (FDI) from these economies is rising faster than their economic growth, trade, and inward FDI, and the region is by far the most important investor from the...