Verfügbarkeit: How Does Foreign Direct Investment Affect Economic Growth

How Does Foreign Direct Investment Affect Economic Growth:

We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of techn...

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1. Verfasser:	Lee, Jong-Wha (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 1994
Schriftenreihe:	IMF Working Papers Working Paper No. 94/110
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Zusammenfassung:	We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms
Beschreibung:	1 Online-Ressource (26 p)
ISBN:	1451853270 9781451853278

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spelling	Lee, Jong-Wha Verfasser aut How Does Foreign Direct Investment Affect Economic Growth Lee, Jong-Wha Washington, D.C International Monetary Fund 1994 1 Online-Ressource (26 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 94/110 We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms Online-Ausg Borensztein, Eduardo Sonstige oth De Gregorio, Jose Sonstige oth http://elibrary.imf.org/view/IMF001/03141-9781451853278/03141-9781451853278/03141-9781451853278.xml Verlag URL des Erstveröffentlichers Volltext
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