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FDI, banking crisis and growth: direct and spill over effects

Brahim Gaies (), Khaled Guesmi and Stéphane Goutte ()

Working Papers from HAL

Abstract: This study suggests a new decomposition of the effect of Foreign Direct Investment (FDI) on long-term growth in developing countries. It reveals that FDI not only have a positive direct effect on growth, but also increase the latter by reducing the recessionary effect resulting from a banking crisis. Even more, they reduce its occurrence. JEL: F65, F36, G01, G15

Keywords: growth; FDI; system GMM; panel logit model (search for similar items in EconPapers)
Date: 2019-04-07
New Economics Papers: this item is included in nep-fdg, nep-gro and nep-int
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-02092015
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Journal Article: FDI, banking crises and growth: direct and spill over effects (2019) Downloads
Working Paper: FDI, banking crisis and growth: direct and spill over effects (2019) Downloads
Working Paper: FDI, banking crises and growth: direct and spill over effects (2019)
Working Paper: FDI, banking crises and growth: direct and spill over effects (2019) Downloads
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