The Positive Casual Impact of Foreign Direct Investment on Productivity : A Not So Typical Relationship

Desbordes, Rodolphe and Verardi, Vincenzo (2011) The Positive Casual Impact of Foreign Direct Investment on Productivity : A Not So Typical Relationship. Discussion paper. University of Strathclyde, Glasgow.

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    Abstract

    Previous research has argued that foreign direct investment (FDI) exerts a positive and causal impact on the productivity of the recipient countries. However, we find that there is little macroeconomic evidence that FDI fosters productivity growth in recipient countries, including in those with high absorptive capacity, once we use an instrumental variables (IV) estimator robust to outliers.

    Author(s):Desbordes, Rodolphe ORCID logoORCID: https://orcid.org/0000-0001-8923-5401 and Verardi, Vincenzo
    Item type:Monograph(Discussion paper)
    ID code:67924
    Notes:Discussion paper.
    Keywords:foreign direct investment, productivity, robust regression, Regional economics. Space in economics, Economics, Econometrics and Finance (miscellaneous)
    Subjects:Social Sciences > Communities. Classes. Races > Regional economics. Space in economics
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:21 May 2019 12:51
    Last modified:20 Oct 2019 02:25
    URI:https://strathprints.strath.ac.uk/id/eprint/67924
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