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(GTD) we show a decrease in FDI as a consequence of terrorism. We also find evidence that FDI flows are more sensitive to …Current literature shows a significant negative impact of terrorism on countries economies. We explore this … relationship in more detail. Using an unbalanced panel of over 160 countries for up to 25 years and the Global Terrorism Database …
Persistent link: https://www.econbiz.de/10010593134
rebalancing of China’s domestic demand towards household consumption more necessary than ever for China's growth and is expected …
Persistent link: https://www.econbiz.de/10010606869
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global spillovers favour convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of countries with persistently different levels of income per...
Persistent link: https://www.econbiz.de/10005497902
This paper challenges the widespread belief that FDI generally has a positive impact on economic growth in developing … countries. It addresses the limitations of the existing literature and re-examines the FDI-led growth hypothesis for 28 … countries FDI has no statistically significant long-run impact on growth. In very few cases, FDI indeed contributes to economic …
Persistent link: https://www.econbiz.de/10010296028
equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward … German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …
Persistent link: https://www.econbiz.de/10010273589
Despite significant economic reforms in many Southern Mediterranean EU neighbour countries, their growth performance … has on average been subdued. This study analyses the differences in growth performance and macroeconomic stability across … from closer ties with the EU that result in higher levels of trade and FDI inflows, once the turbulence of the 'Arab Spring …
Persistent link: https://www.econbiz.de/10011430893
This paper contributes to the literature on foreign direct investment (FDI) and economic growth in two main ways. First …, we examine the effect of FDI on economic growth for 44 developing countries over the period 1970 to 2005 using … studies, we find that FDI has, on average, a negative effect on growth in developing countries, but that there are large cross …
Persistent link: https://www.econbiz.de/10010286643
contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …
Persistent link: https://www.econbiz.de/10009376718
equation, the empirical results support the hypothesis of export- and FDI-led growth. We also show that for export and outward … German regional data (NUTS 1 level) for GDP, trade, and FDI activity during the period 1976-2005. Applying various … homogeneous and heterogeneous panel data estimators to a Spatial Panel Error Correction Model (SpECM) for regional output growth …
Persistent link: https://www.econbiz.de/10011535894
within the framework of the export-led growth (ELG) hypothesis. Available evidence in Nigeria supports that the bulk of FDI …The study examines the contribution of Foreign Direct Investment (FDI) to the performance of non-oil exports in Nigeria … inflow into the country goes to the oil sector of the economy. From the perspective of efficiency-seeking FDI, foreign …
Persistent link: https://www.econbiz.de/10009782745