How Does Foreign Direct Investment Affect Economic Growth /

We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of techn...

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Bibliographic Details
Main Author: Lee, Jong-Wha
Other Authors: Borensztein, Eduardo, De Gregorio, Jose
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1994.
Series:IMF Working Papers; Working Paper ; No. 1994/110
Online Access:Full text available on IMF