International Openness and Social Development as Endogenous Determinants of Growth

Lukasz Goczek

No 2011-22, Working Papers from Faculty of Economic Sciences, University of Warsaw

Abstract: We study empirically the impact of social indicators on growth in the context of FDI and trade. In this article, we argue that the positive growth effects of FDI and trade arise from factors such as knowledge spillovers or technological upgrading. Therefore, the effect of FDI and trade depends on the structural and sectoral investment composition, which depends in turn on social indicators such as income inequality, human development, education, and health.

Keywords: growth; FDI; social development (search for similar items in EconPapers)
JEL-codes: E66 F20 F43 (search for similar items in EconPapers)
Pages: 13 pages
Date: 2011
New Economics Papers: this item is included in nep-int
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http://www.wne.uw.edu.pl/inf/wyd/WP/WNE_WP62.pdf First version, 2011 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:war:wpaper:2011-22

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