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The paper surveys theories of FDI and supporting evidence. A new theory flashes out a unique feature of FDI: hands on …-specific productivity) and, in plausible cases, also larger. The theory can explain both two way flows of FDI among developed economies, and …: larger FDI coefficients in domestic investment and output growth regressions, than those of the debt and portfolio equity …
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This paper investigates the empirical significance of push- and pull factors of different types of capital flows - FDI …
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