Good or bad? The influence of FDI on output growth. An industry-level analysis
Carmen Fillat Castejón () and
Julia Woerz ()
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Carmen Fillat Castejón: Department of Applied Economics and Economic History. University of Zaragoza
Authors registered in the RePEc Author Service: Carmen Fillat-Castejon ()
Documentos de Trabajo from Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza
This paper attempts to reconcile the often inconclusive evidence on the impact of FDI on growth by taking two into account the heterogeneity both among industries and among countries. Using a comparable database at the industry level for 35 countries in OECD, Asia and Eastern Europe from 1987 to 2002, we test both stage of development and FDI industrial pattern for the economic impact of FDI on growth. In certain industries and for the catching-up countries, a significant and positive relationship emerges when FDI interacts with investment or export orientation.
Keywords: FDI; heterogeneity; manufacturing sector; panel data analysis (search for similar items in EconPapers)
JEL-codes: C33 F14 F21 L60 (search for similar items in EconPapers)
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Working Paper: Good or Bad? The Influence of FDI on Output Growth: An industry-level analysis (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:zar:wpaper:dt2006-01
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