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Does growth attract FDI?

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Version 2 2024-06-03, 11:05
Version 1 2015-08-31, 13:33
journal contribution
posted on 2024-06-03, 11:05 authored by S Iamsiraroj, Chris DoucouliagosChris Doucouliagos
FDI is seen widely as a vital source of investment, technology transfer, and growth. The factors that attract FDI have been a longstanding source of debate. The authors present a comprehensive assessment of the accumulated evidence on one factor, the success of economic growth in attracting FDI. Meta-regression analysis is applied to 946 estimates from 140 empirical studies. The results confirm that, on average, economic growth is an important determinant of FDI. Overall, there is a positive correlation between growth and FDI and this is much larger among single country case studies than with cross-country analysis.

History

Journal

Economics

Volume

9

Pagination

1-35

Location

Kiel, Germany

Open access

  • Yes

eISSN

1864-6042

Language

eng

Publication classification

C1 Refereed article in a scholarly journal, C Journal article

Copyright notice

2015, Kiel Institute for the World Economy

Publisher

Kiel Institute for the World Economy