Investissements directs étrangers et croissance économique : Estimation d’un modèle à erreurs composées

bouoiyour, jamal and El Mouhoub, Mouhoud and Hanchane, Hichame (2008): Investissements directs étrangers et croissance économique : Estimation d’un modèle à erreurs composées.

Abstract

The developing countries multiply incentive policies to attract foreign direct investment, to benefit from positive effects of "spillovers".. The objective of our paper is to check first whether the impact of these flows is automatic or otherwise requires a number of conditions within the host country. Secondly, to verify a general hypothesis of conditional convergence, in the case of developing countries. We conclude that the effect of FDI is positive on the economic growth of countries in our sample, however the effect of human capital and positive but not significant.

• Item Type: MPRA Paper
• English Title: Foreign direct investment and economic growth: Estimation of error component model
• Language: French
• Keywords: Foreign direct investment, Human capital, Economic growth, Error component model, GMM
• Subjects: F - International Economics > F2 - International Factor Movements and International Business > F21 - International Investment ; Long-Term Capital Movements; C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C33 - Panel Data Models ; Spatio-temporal Models

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