The foreign direct investment-economic growth nexus

被引：184
|
作者：
Iamsiraroj, Sasi [1 ]
机构：
[1] Deakin Univ, Alfred Deakin Inst Citizenship & Globalisat, Geelong, Vic 3220, Australia
来源：
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2016年 / 42卷
关键词：
Foreign direct investment; Economic growth; Panel data; MULTINATIONAL-CORPORATIONS; INTERNATIONAL INVESTMENT; DEVELOPING-COUNTRIES; CAPITAL FLOWS; DETERMINANTS; FDI; GOVERNMENT; POLICY; TRADE; AID;
D O I：
10.1016/j.iref.2015.10.044
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The nexus between foreign direct investment (FDI) and economic growth has been a long-standing debate from mixed empirical findings. There is also a possibility of a bi-directional relationship between FDI and economic growth. This paper investigates FDI growth associations using a simultaneous system of equations approach of 124 cross-country data for the period 1971-2010. Results from the estimation indicate that overall effects of FDI are positively associated with growth and vice versa; whereas labor force, trade openness and economic freedom are other key determinants of FDI, which in turn stimulate income growth further. (C) 2015 Elsevier Inc. All rights reserved.
引用
收藏
页码：116 / 133
页数：18
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