Solomon, Edna Maeyen (2011) Foreign direct investment, host country factors and economic growth. Ensayos Revista de Economia, XXX (1). pp. 41-70. ISSN 1870-221X

Full text not available from this repository.

Abstract

This paper analyses how the levels of economic development, human capital, financial development and the qualities of the economic and political environments in host countries simultaneously affects the impact of aggregate inflows of Foreign Direct Investment (FDI) on economic growth. Multiple interaction terms are employed between inward FDI and each of the host country factors mentioned above. The System GMM estimator is applied to a panel of 111 countries from 1981 to 2005. The results show that the level of economic development, human capital and quality of the political environment all significantly affect the relationship between inward FDI and growth.

Item Type:	Article
Uncontrolled Keywords:	Foreign direct investment; FDI; Economic growth; Panel data analysis; Economic growth; Host country factors; System GMM
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HG Finance
Faculty / School / Research Centre / Research Group:	Faculty of Business Faculty of Business > Department of International Business & Economics Faculty of Business > Institute of Political Economy, Governance, Finance and Accountability (IPEGFA) > Greenwich Political Economy Research Centre (GPERC)
Related URLs:	Publisher Publisher Organisation
Last Modified:	04 Aug 2021 16:32
URI:	http://gala.gre.ac.uk/id/eprint/9670

Actions (login required)

View Item