Marasco, Antonio (2007): The Relationship between FDI and growth under economic integration: is there one?
Download (67kB) | Preview
This study is a contribution to the debate on the relationship between FDI and growth. The idea that the alleged link between FDI and growth is rather the consequence of both FDI and growth responding endogenously to economic integration is tested empirically. The results confirm precisely this point: it is not FDI as such but economic integration, in any form or shape that determines growth.
|Item Type:||MPRA Paper|
|Institution:||Lahore University of Management Sciences|
|Original Title:||The Relationship between FDI and growth under economic integration: is there one?|
|Keywords:||FDI; Growth; Economic Integration;|
|Subjects:||O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O50 - General
F - International Economics > F0 - General > F02 - International Economic Order and Integration
|Depositing User:||Antonio Marasco|
|Date Deposited:||20 Oct 2007|
|Last Modified:||09 Feb 2016 17:43|
Barro, Robert J., Lee, Jong-Wha, 2000. “International Data on Educational Attainment: Updates and Implications” CID Working Paper No. 42, April 2000
Borensztein, E., De Gregorio, J., Lee, J.-W., 1998. “How does foreign direct investment affect economic growth?” Journal of International Economics 45 (1), 115–135.
Gao, Ting, 2005. “Foreign Direct Investment and Growth under Economic Integration.” Journal of International Economics 67 (1), 157-174.
Ismihan, M., Olgun, H. and Utku, F. M. 1998. “A Proposed Index for Measuring ‘Globalization’ of National Economies.” METU Economic Research Center (erc) Working Papers in Economics, No.98/5.
Kose, M. Ayhan, Prasad, E., Rogoff, K., Wei, Shang-Jin, 2006. “Financial Globalization: a Reappraisal“ NBER Working Paper No.12484, August.
Lane, Philip R., Milesi-Ferretti, G.M., 2006. “The External Wealth of Nations Mark II: Revised and Extended Estimates of Foreign Assets and Liabilities, 1970-2004” IMF Working Paper No. 69 (WP/06/69), March.
Motta, Massimo, Norman, George, “Does Economic Integration Cause Foreign Direct Investment?” International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, 37(4), 757-83, 1996.