FDI and Economic Growth: The Role of Natural Resources

Arshad Hayat

MPRA Paper from University Library of Munich, Germany

Abstract: In the paper, I explored links between inflow of FDI, natural resource abundance and economic growth. Natural resource abundance is considered to slow down the economic growth. The paper explores if the natural resource abundance reduce the FDI induced growth in the host country. Using panel data for a sample of 106 countries for the period 1993-2012, the paper conclude FDI inflow accelerates economic growth of the host country. However, the presence of natural resources slows down the FDI induced growth.

Keywords: Foreign Direct Investment; Economic Growth; Natural Resources; Resource Curse; Hausman Test (search for similar items in EconPapers)
JEL-codes: F23 F43 O4 Q0 (search for similar items in EconPapers)
Date: 2014
New Economics Papers: this item is included in nep-fdg, nep-gro and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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https://mpra.ub.uni-muenchen.de/57021/1/MPRA_paper_57021.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/102109/1/MPRA_paper_57021.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/60781/1/MPRA_paper_60781.pdf revised version (application/pdf)
https://mpra.ub.uni-muenchen.de/76056/1/MPRA_paper_76056.pdf revised version (application/pdf)

Related works:
Journal Article: FDI and economic growth: the role of natural resources? (2018)
Working Paper: FDI and Economic Growth: The Role of Natural Resources (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:57021

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