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inflows of portfolio debt, portfolio equity, and FDI, controlling for country's stock of short-term external debt and … commodity terms of trade. Average level of FDI inflows is associated with a 23 percent higher takeoff probability relative to a … zero FDI inflow benchmark, and this effect is highest for the Latin America subsample, with a 65 rise in takeoff …
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 … commodity terms of trade. Average level of FDI inflows is associated with a 23 percent higher takeoff probability relative to a … zero FDI inflow benchmark, and this effect is highest for the Latin America subsample, with a 65 rise in takeoff …
Persistent link: https://www.econbiz.de/10009272046
Brexit became an important subject not only for academics but also for international institutions, research centers and consultancy companies, think tanks and independent experts. The aim of this article is to: (1) provide a general approach of the literature; (2) see how the effects of Brexit...
Persistent link: https://www.econbiz.de/10012505368
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 …
Persistent link: https://www.econbiz.de/10012721355
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country’s economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10014177258
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … capital accumulation. FDI not only contribute to physical capital accumulation, but also generate positive technological …
Persistent link: https://www.econbiz.de/10013125437
The theoretical literature has discussed different channels through which foreign direct investments (FDI) promote host … country's economic growth, but empirical analyses have so far been inconclusive. In this paper we provide evidence that FDI … FDI not only contribute to physical capital accumulation, but also generate positive technological spillovers. The policy …
Persistent link: https://www.econbiz.de/10013113327
Using a panel data set covering 139 countries over the 1970-2009 period, we empirically investigate the role of foreign direct investment on growth through diffusion of technology and innovation. Using an otherwise standard growth regression and regressions on productivity growth, we introduce a...
Persistent link: https://www.econbiz.de/10013080764
This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and … markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we … show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in …
Persistent link: https://www.econbiz.de/10013317788
less clear, but this masks an important and novel result. We find strong evidence that FDI and portfolio equity liabilities …
Persistent link: https://www.econbiz.de/10013325040