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FDI and economic growth: New evidence on the role of financial markets

W.N.w Azman-Saini, Siong Hook Law and Abd Halim Ahmad

Economics Letters, 2010, vol. 107, issue 2, 211-213

Abstract: This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth "kicks in" only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent.

Keywords: FDI; Economic; growth; Financial; development; Threshold; effects (search for similar items in EconPapers)
Date: 2010
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (133)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:107:y:2010:i:2:p:211-213

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