Does growth attract FDI?
Sasi Iamsiraroj and
Hristos Doucouliagos
Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), 2015, vol. 9, No 2015-19, 35 pages
Abstract:
FDI is seen widely as a vital source of investment, technology transfer, and growth. The factors that attract FDI have been a longstanding source of debate. The authors present a comprehensive assessment of the accumulated evidence on one factor, the success of economic growth in attracting FDI. Meta-regression analysis is applied to 946 estimates from 140 empirical studies. The results confirm that, on average, economic growth is an important determinant of FDI. Overall, there is a positive correlation between growth and FDI and this is much larger among single country case studies than with cross-country analysis.
Keywords: economic growth; FDI; meta-regression analysis (search for similar items in EconPapers)
JEL-codes: F21 O24 (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (21)
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http://dx.doi.org/10.5018/economics-ejournal.ja.2015-19
https://www.econstor.eu/bitstream/10419/112738/1/830319360.pdf (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifweej:201519
DOI: 10.5018/economics-ejournal.ja.2015-19
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