Foreign Direct Investment as Technology Transferred: Some Panel Evidence from the Transition Economies

Nauro Campos and Yuko Kinoshita

Manchester School, 2002, vol. 70, issue 3, 398-419

Abstract: Although the theoretical literature has identified various sizeable benefits from foreign direct investment (FDI) inflows, the empirical literature has been unable to establish a positive and significant impact of FDI on the rates of economic growth of host countries. One reason for this difficulty is that theory equates FDI to technology transferred, while in most countries and regions of the world FDI encompasses an array of arrangements that goes well beyond pure technology transfer. This paper tests for the effects of FDI on growth in a set of countries in which FDI is pure technology transferred: the 25 Central and Eastern European and former Soviet Union transition countries between 1990 and 1998. Our main finding is that, in this more appropriate setting, FDI has a positive and significant impact on economic growth as theory predicts.

Date: 2002
References: Add references at CitEc
Citations: View citations in EconPapers (138)

Downloads: (external link)
https://doi.org/10.1111/1467-9957.00309

Related works:
Working Paper: Foreign Direct Investment as Technology Transferred: Some Panel Evidence from the Transition Economies (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:manchs:v:70:y:2002:i:3:p:398-419

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1463-6786

Access Statistics for this article

Manchester School is currently edited by Keith Blackburn

More articles in Manchester School from University of Manchester Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().