| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23049 |
| 来源ID | Working Paper 23049 |
| FDI and Capital Formation in Developing Economies: New Evidence from Industry-level Data | |
| Alessia A. Amighini; Margaret S. McMillan; Marco Sanfilippo | |
| 发表日期 | 2017-01-16 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We contribute to the long debated issue of whether inward foreign direct investment (FDI) can stimulate investment in developing countries by introducing a novel measure of FDI, based on industry-level data. Our results suggest a positive impact of FDI on total investment – measured as the ratio of gross fixed capital formation to GDP – but only if multinational enterprises engage in manufacturing production; the same does not hold for other business activities. Moreover, we find evidence of a more beneficial impact of foreign investors from advanced economies compared to developing ones. Our results are robust to alternative measures of FDI, as well as to instrumental variable approaches accounting for the potential endogeneity of FDI. |
| 主题 | International Economics ; International Factor Mobility ; Globalization and International Relations |
| URL | https://www.nber.org/papers/w23049 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580723 |
| 推荐引用方式 GB/T 7714 | Alessia A. Amighini,Margaret S. McMillan,Marco Sanfilippo. FDI and Capital Formation in Developing Economies: New Evidence from Industry-level Data. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23049.pdf（589KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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