This paper investigates the impact of foreign direct investment (FDI) on economic growth in a sample of 10 ex …-socialist European and Asian countries. While the link between FDI and economic growth has been extensively investigated in empirical … literature, this paper contributes to this literature by econometrically investigating the effects of FDI inflows in specific …

productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis … of the relationship between financial openness and total factor productivity (TFP) growth using an extensive dataset that …

question whether the world has become smaller in terms of economic distance. Instead of focussing on the transmission of single … results for the most recent period suggest that a uniform shock to output volatility in the world economy roughly …

types of FDI: unlike greenfield investment, M&As partly represent a rent accruing to previous owners, and do not necessarily … 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 …

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 … intensive and in technologically advanced sectors, and comes primarily from an increase in labor productivity, suggesting that …