Davies, Ronald B.; Lamla, Michael; Schiffbauer, Marc - 2016
Using firm-level data for Jordan, we estimate the extent to which growth spillovers from foreign direct investment (FDI … disinvestment). We find that they have a significant transitory nature, with employment and capital growth declining when FDI falls …, particularly in downstream industries supplied by locals. This suggests that if FDI-attracting policies are intended to promote …