Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship

This paper investigates whether foreign direct investment (FDI) affects economic growth based on a panel of data for 84 countries over the period 1970–99. Both single equation and simultaneous equation system techniques are applied to examine this relationship. A significant endogenous relationship...

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Veröffentlicht in:World development 2005-03, Vol.33 (3), p.393-407
Hauptverfasser: Li, Xiaoying, Liu, Xiaming
Format: Artikel
Sprache:eng
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