Investissements directs étrangers et croissance économique: Estimation d’un modèle à erreurs composées

Foreign direct investment and economic growth: Estimation of error component model

Jamal Bouoiyour (), El Mouhoub Mouhoud () and Hichame Hanchane

MPRA Paper from University Library of Munich, Germany

Abstract: The developing countries multiply incentive policies to attract foreign direct investment, to benefit from positive effects of "spillovers".. The objective of our paper is to check first whether the impact of these flows is automatic or otherwise requires a number of conditions within the host country. Secondly, to verify a general hypothesis of conditional convergence, in the case of developing countries. We conclude that the effect of FDI is positive on the economic growth of countries in our sample, however the effect of human capital and positive but not significant.

Keywords: Foreign direct investment; Human capital; Economic growth; Error component model; GMM (search for similar items in EconPapers)
JEL-codes: C33 F21 (search for similar items in EconPapers)
Date: 2008-07
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Related works:
Working Paper: Investissements directs étrangers et croissance économique: Estimation d’un modèle à erreurs composées (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:38208

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