Student or educator? Sign up with your school email and get 6 months of Pro free.
Cited by 2,789

The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.

FDI and economic growth: the role of local financial markets

Open access
Alfaro, Laura, Chanda, Areendam, Kalemli-Ozcan, Sebnem, Sayek, Selin·2004·Journal of International Economics

Overview

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Integrity signals

Registry

Crossref · 10.1016/s0022-1996(03)00081-3

Cites

3 of 3 references verified0 citation errors · 0 not checkable

Statistics

Verification

Claims the paper makes

The claims and statistics of this paper haven’t been checked yet.

Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.

A few free checks a day · papers already verified open instantly · results are public

Self-check

Percentages, sums and reported differences re-computed from the paper’s own numbers.

The self-check needs the paper’s full text.

Citations

Cites

Show all 3 references

Research works printed but not linked: 31

  1. Aitken, 1999, Do domestic firms benefit from direct foreign investment? Evidence from Venezuela, American Economic Review, 89, 605, 10.1257/aer.89.3.605 · DOI · Paper page
  2. Barro, 1996, International measures of schooling years and schooling quality, American Economic Review, 86, 218
  3. Barro, 1997, Technology diffusion, convergence and growth, Journal of Economic Growth, 2, 1, 10.1023/A:1009746629269 · DOI · Paper page
  4. Beck, 2000, A new database on financial development and structure, World Bank Economic Review, 14, 597, 10.1093/wber/14.3.597 · DOI · Paper page
  5. Beck, 2000, Finance and the sources of growth, Journal of Financial Economics, 58, 261, 10.1016/S0304-405X(00)00072-6 · DOI · Paper page
  6. Blonigen, 1997, Firm-specific assets and the link between exchange rates and foreign direct investment, American Economic Review, 87, 447
  7. Borensztein, 1998, How does foreign direct investment affect economic growth, Journal of International Economics, 45, 115, 10.1016/S0022-1996(97)00033-0 · DOI · Paper page
  8. Carkovic, M., Levine, R., 2003. Does Foreign Direct Investment Accelerate Economic Growth? University of Minnesota, Working Paper. · DOI · Paper page
  9. Caves, R., 1999. Spillovers from multinationals in developing countries: some mechanisms at work. Manuscript prepared for the William Davidson Conference on The Impact of Foreign Investment on Emerging Markets, University of Michigan, Ann Arbor, 18–19 July.
  10. Froot, 1991, Exchange rates and foreign direct investment: an imperfect capital market approach, Quarterly Journal of Economics, 106, 1191, 10.2307/2937961 · DOI · Paper page
  11. Galor, 1996, Convergence? Inferences from theoretical models, Economic Journal, 106, 1056, 10.2307/2235378 · DOI
  12. Galor, 1993, Income distribution and macroeconomics, Review of Economic Studies, 60, 35, 10.2307/2297811 · DOI · Paper page
  13. Greenwood, 1990, Financial development, growth and the distribution of income, Journal of Political Economy, 98, 1076, 10.1086/261720 · DOI · Paper page
  14. Grossman, H., Helpman, E., 1995. Technology and trade. In: Grossman, G.M., Rogoff, K. (Eds.). Handbook of International Economics, vol. 3 North-Holland, New York. · DOI
  15. Hanson, G.H., 2001. Should Countries Promote Foreign Direct Investment? United Nations Conference on Trade and Development, G-24 Discussion Paper 9.
  16. Kalemli-Ozcan, S, Sorensen, B.E., Yosha, O., 2003. Risk sharing and industrial specialization: regional and international evidence, American Economic Review, in press. · DOI · Paper page
  17. King, 1993, Finance and growth: schumpeter might be right, Quarterly Journal of Economics, 108, 717, 10.2307/2118406 · DOI · Paper page
  18. King, 1993, Finance, entrepreneurship and growth: theory and evidence, Journal of Monetary Economics, 32, 513, 10.1016/0304-3932(93)90028-E · DOI · Paper page
  19. Klein, 1994, The real exchange rate and foreign direct investment in the United States: relative wealth vs. relative wage effects, Journal of International Economics, 36, 373, 10.1016/0022-1996(94)90009-4 · doi:10.1016/0022-1996(94)90009-4
  20. La Porta, 1997, Legal determinants of external finance, Journal of Finance, 52, 1131, 10.2307/2329518 · DOI · Paper page
  21. Levine, 1998, Stock markets, banks and economic growth, American Economic Review, 88, 537
  22. Levine, 2000, Financial intermediation and growth: causality and causes, Journal of Monetary Economics, 46, 31, 10.1016/S0304-3932(00)00017-9 · DOI · Paper page
  23. Mankiw, 1992, A contribution to the empirics of economic growth, Quarterly Journal of Economics, 107, 407, 10.2307/2118477 · DOI · Paper page
  24. Markusen, J., Maskus, K., 1999. Discrimination among Alternative Theories of FDI, NBER Working Paper 7164. · doi:10.3386/w7164
  25. Rajan, 1998, Financial dependence and growth, American Economic Review, 88, 559
  26. Rhee, Y.W., Belot, T., 1990. Export Catalysts in Low Income Countries: A Review of Eleven Success Stories, World Bank Discussion Paper 72. · DOI
  27. Rodriguez-Clare, 1996, Multinationals, linkages, and economic development, American Economic Review, 86, 852
  28. Spar, D., 1998. Attracting High Technology Investment: Intel's Costa Rica Plant, World Bank Occasional Paper 11. · doi:10.1596/0-8213-4218-5
  29. Wheeler, 1992, International investment location decisions: the case of US firms, Journal of International Economics, 33, 57, 10.1016/0022-1996(92)90050-T · DOI · Paper page
  30. Wurgler, 2000, Financial Markets and the allocation of capital, Journal of Financial Economics, 58, 187, 10.1016/S0304-405X(00)00070-2 · DOI · Paper page
  31. Xu, 2000, Multinational enterprises, technology diffusion, and host country productivity growth, Journal of Development Economics, 62, 477, 10.1016/S0304-3878(00)00093-6 · DOI · Paper page

Cited by

See all 2,789

Metadata

Authors
Alfaro, L., Chanda, A., Kalemli-Ozcan, S., & Sayek, S.
Venue
Journal of International Economics
Publisher
Elsevier BV
Published
2004-10
Volume
64
Issue
1
Pages
89-112
ISSN
0022-1996 (ISSN-L)
OpenAlex
W3023714059
Cited by
2,789
References
3
FWCI
133.50
Type
journal article
Language
en
Open access
green
Licence
www.elsevier.com/tdm/userlicense/1.0/ (tdm)

About these checks

Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.

Statistics and arithmetic are recomputed, not judged.

Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.

What counts as a claim ›How we measure confidence ›How we check this ›

Are you an author, or do you see a problem with this page? Request a review

How to cite

Cite CoChat for the checks on this page, and the paper for its own findings.

This page
CoChat. (2026). Citation check: FDI and economic growth: the role of local financial markets. https://app.cochat.ai/papers/10.1016/s0022-1996(03)00081-3
The paper
Alfaro, L., Chanda, A., Kalemli-Ozcan, S., & Sayek, S. (2004). FDI and economic growth: the role of local financial markets. Journal of International Economics. https://doi.org/10.1016/s0022-1996(03)00081-3

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.