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来源类型Working Paper
规范类型报告
DOI10.3386/w5057
来源IDWorking Paper 5057
How Does Foreign Direct Investment Affect Economic Growth?
Eduardo Borensztein; Jose De Gregorio; Jong-Wha Lee
发表日期1995-03-01
出版年1995
语种英语
摘要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 technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms.
主题International Economics ; International Macroeconomics ; Development and Growth ; Development
URLhttps://www.nber.org/papers/w5057
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/562490
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GB/T 7714
Eduardo Borensztein,Jose De Gregorio,Jong-Wha Lee. How Does Foreign Direct Investment Affect Economic Growth?. 1995.
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