The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Do Foreign Direct Investment and Gross Domestic Investment Promote Economic Growth?
Open accessAbstract
The paper attempts to show causal relationships between economic growth and FDI and GDI in 80 countries over the period 1971–95, by using a panel VAR model. The results show that FDI Granger–causes economic growth, and vice versa; however, the effects are rather more apparent from growth to FDI than from FDI to growth. Also, GDI does not Granger–cause economic growth, but economic growth robustly Granger–causes GDI. These findings suggest that strong positive associations between economic growth and FDI inflows or GDI rates do not necessarily mean that high FDI inflows or GDI rates lead to rapid economic growth.
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Cites
The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988
Summers, R., & Heston, A. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937941 · Cited by 3,429
Cited by
Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship
Li, X., & Liu, X. (2005) · World Development · doi:10.1016/j.worlddev.2004.11.001 · Cited by 1,251
Financial globalization: A reappraisal
Kose, M. A., Prasad, E., Rogoff, K., & Wei, S.-J. (2009) · IMF Staff Papers · doi:10.1057/imfsp.2008.36 · Cited by 956
Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies
Blonigen, B., & Wang, M. (2004) · National Bureau of Economic Research · doi:10.3386/w10378 · Cited by 331
FDI, Multinationals, and Structural Change in Developing Countries
Pineli, A., Narula, R., & Belderbos, R. (2021) · New Perspectives on Structural Change · doi:10.1093/oso/9780198850113.003.0021 · Cited by 19
Metadata
- Authors
- Choe, J. I.
- Venue
- Review of Development Economics
- Publisher
- Wiley
- Published
- 2003-02
- Volume
- 7
- Issue
- 1
- Pages
- 44-57
- ISSN
- 1363-6669 (ISSN-L)
- 1467-9361
- OpenAlex
- W2161746517
- Cited by
- 524
- References
- 1
- FWCI
- 28.24
- Type
- journal article
- Language
- en
- Open access
- green
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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.
