Foreign direct investment, regulations, and growth:

"This paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. The authors argue that countries need a sound business environment in the...

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Bibliographic Details
Main Authors: Busse, Matthias (Author), Groizard Cardosa, José Luis (Author)
Format: Electronic eBook
Language:English
Published: [Washington, D.C] World Bank 2006
Series:Policy research working paper 3882
Subjects:
Online Access:Volltext
Summary:"This paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. The authors argue that countries need a sound business environment in the form of good government regulations to be able to benefit from FDI. Using a comprehensive data set for regulations, they test this hypothesis and find evidence that excessive regulations restrict growth through FDI only in the most regulated economies. This result holds true for different specifications of the econometric model, including instrumental variable regressions. "--World Bank web site
Item Description:Includes bibliographical references. - Title from PDF file as viewed on 4/19/2006
Erscheinungsjahr in Vorlageform:[2006]
Weitere Ausgabe: Busse, Matthias : Foreign direct investment, regulations, and growth
Physical Description:1 Online-Ressource (26 Seiten)