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This paper studies the effects of foreign direct investment (FDI) on national economic growth with the help of GMM … panel regressions. Effects on productivity growth, capital and labor inputs as well as innovation activities are … separately. Effects of FDI on production capacities are found for more developed countries in the first time period, while …
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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 …
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