How does foreign direct investment affect economic growth?

被引：2161

作者：

Borensztein, E ^{[1
]}

De Gregorio, J

Lee, JW

机构：

[1] Int Monetary Fund, Res Dept, Washington, DC 20431 USA

[2] Univ Chile, Dept Ind Engn, Ctr Appl Econ, Santiago, Chile

[3] Korea Univ, Dept Econ, Seoul 136701, South Korea

[4] NBER, Seoul 136701, South Korea

来源：

JOURNAL OF INTERNATIONAL ECONOMICS | 1998年 / 45卷 / 01期

关键词：

foreign direct investment; economic growth; cross-country regression framework; developing countries;

D O I：

10.1016/S0022-1996(97)00033-0

中图分类号：

F [经济];

学科分类号：

02 ;

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. Thus, FDI contributes to economic growth only when a sufficient absorptive capability of the advanced technologies is available in the host economy. (C) 1998 Elsevier Science B.V.

引用

页码：115 / 135

页数：21

共 50 条

[31] Foreign direct investment and economic growth. Analysis of sectoral foreign direct investment in Tanzania
Taylor, Rosemary Stanley
AFRICAN DEVELOPMENT REVIEW-REVUE AFRICAINE DE DEVELOPPEMENT, 2020, 32 (04): : 699 - 717
[32] Foreign reserve accumulation, foreign direct investment, and economic growth
Matsumoto, Hidehiko
REVIEW OF ECONOMIC DYNAMICS, 2022, 43 : 241 - 262
[33] How does intellectual property protection in the host country affect outward foreign direct investment?
Li, Fengchun
Liang, Ting
Zhou, Xiang
RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2021, 58
[34] Does corporate governance or transparency affect foreign direct investment?
Kim, Haksoon
World Academy of Science, Engineering and Technology, 2010, 67 : 206 - 213
[35] Does bilateral political relations affect foreign direct investment?
Song, Yu
Chen, Bo
Tao, Ran
Su, Chi-Wei
Peculea, Adelina Dumitrescu
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA, 2020, 33 (01): : 1485 - 1509
[36] Does direct foreign investment affect domestic credit constraints?
Harrison, AE
McMillan, MS
JOURNAL OF INTERNATIONAL ECONOMICS, 2003, 61 (01) : 73 - 100
[37] Does foreign direct investment affect domestic income inequality?
Choi, Changkyu
APPLIED ECONOMICS LETTERS, 2006, 13 (12) : 811 - 814
[38] Does Foreign Direct Investment and Trade Promote Economic Growth? Evidence from Albania
Hobbs, Sam
Paparas, Dimitrios
E. AboElsoud, Mostafa
ECONOMIES, 2021, 9 (01)
[39] How Do Business Regulations Affect Foreign Direct Investment?
Zhang, Haozhen
TRANSNATIONAL CORPORATIONS REVIEW, 2012, 4 (02) : 97 - 119
[40] FOREIGN DIRECT INVESTMENT AND ECONOMIC GROWTH: THE GROWTH ACCOUNTING PERSPECTIVE
Wang, Miao
Wong, M. C. Sunny
ECONOMIC INQUIRY, 2009, 47 (04) : 701 - 710

← 1 2 3 4 5 →