DIRECT FOREIGN INVESTMENT, ECONOMIC FREEDOM AND GROWTH: EVIDENCE OF DEVELOPED AND DEVELOPING COUNTRIES

Gilberto Fraga

Revista de Economia Mackenzie (REM), 2018, vol. 15, issue 2, 67-91

Abstract: This paper aims to analyze the relationship between FDI, economic freedom and growth for two groups of countries: developed (OECD) and developing (LAC) in the period between 1980 through 2008. To achieve the main results the econometric of dynamic panel data used. The results revealed that the relationship between FDI and economic growth of countries is conditional regarding the level of their economic freedom, this suggests that countries that increase the degree of economic freedom can gain from the presence of multinational firms.

Keywords: FDI.; Latin; America.; Dynamic; panel. (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:aft:journl:v:15:2:2018:jul:dec:p:67-91

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