Resource type
Thesis type
(Project) M.A.
Date created
2009
Authors/Contributors
Author: Zhang, Chengxi
Abstract
This paper examines whether foreign direct investment (FDI) affects economic growth in developing countries within the standard neoclassical growth framework, based on data for 127 developing countries over the period 1970-2004. Both Ordinary Least Squares (OLS) and dynamic panel data estimation with fixed effects are used to assess this relationship. The results suggest that FDI does have direct positive effects on economic growth, and the effects of FDI are not contingent on the “absorptive capacity” of recipient countries.
Document
Copyright statement
Copyright is held by the author.
Scholarly level
Language
English
Member of collection
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