EIB Working Papers 2020/02 - Impact of FDI on economic growth
The impact of foreign direct investment (FDI) on economic growth is affected by incomes levels and the quality of the institutional environment. This paper examines these relationships based on data for 111 countries, stretching back to 1980. It finds that FDI benefits do not accrue mechanically and...
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| Autors principals: | , |
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| Format: | Online |
| Idioma: | anglès |
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European Investment Bank
2021
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| Matèries: | |
| Accés en línia: | OCN: 1238206428 |
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| _version_ | 1869529056832126976 |
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| author | Baiashvili, Tamar Gattini, Luca |
| author_browse | Baiashvili, Tamar Gattini, Luca |
| author_facet | Baiashvili, Tamar Gattini, Luca |
| author_sort | Baiashvili, Tamar |
| collection | Directory of Open Access Books |
| description | The impact of foreign direct investment (FDI) on economic growth is affected by incomes levels and the quality of the institutional environment. This paper examines these relationships based on data for 111 countries, stretching back to 1980. It finds that FDI benefits do not accrue mechanically and evenly across countries. Instead, there is inverted-U shaped relationship between countries’ income levels and the size of FDI’s impact on growth. Moving from low to middle-income countries the effect gets larger. On the other hand, it diminishes again transitioning to high income countries. It also finds that absorptive capacity matters in channelling FDI effects. Within country income groups, countries with better-developed institutions relative to their peers benefit more from FDI in terms of growth. |
| format | Online |
| id | doab-20.500.12854ir-32330 |
| institution | Directory of Open Access Books |
| language | eng |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | European Investment Bank |
| publisherStr | European Investment Bank |
| record_format | ojs |
| spelling | doab-20.500.12854ir-323302025-07-30T10:21:13Z EIB Working Papers 2020/02 - Impact of FDI on economic growth Baiashvili, Tamar Gattini, Luca European Investment Bank Business & Economics Finance General thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry The impact of foreign direct investment (FDI) on economic growth is affected by incomes levels and the quality of the institutional environment. This paper examines these relationships based on data for 111 countries, stretching back to 1980. It finds that FDI benefits do not accrue mechanically and evenly across countries. Instead, there is inverted-U shaped relationship between countries’ income levels and the size of FDI’s impact on growth. Moving from low to middle-income countries the effect gets larger. On the other hand, it diminishes again transitioning to high income countries. It also finds that absorptive capacity matters in channelling FDI effects. Within country income groups, countries with better-developed institutions relative to their peers benefit more from FDI in terms of growth. 2021-02-10T13:58:06Z 2021-02-10T13:58:06Z 2020-12-15T13:28:51Z 2020 book OCN: 1238206428 https://library.oapen.org/handle/20.500.12657/43430 9789286145735 https://directory.doabooks.org/handle/20.500.12854/32330 eng open access image/jpeg image/jpeg image/jpeg n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/43430/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43430/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/43430/1/external_content.pdf European Investment Bank European Investment Bank https://doi.org/10.2867/846546 https://doi.org/10.2867/846546 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched 9789286145735 Knowledge Unlatched (KU) European Investment Bank open access |
| spellingShingle | Business & Economics Finance General thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry Baiashvili, Tamar Gattini, Luca EIB Working Papers 2020/02 - Impact of FDI on economic growth |
| title | EIB Working Papers 2020/02 - Impact of FDI on economic growth |
| title_full | EIB Working Papers 2020/02 - Impact of FDI on economic growth |
| title_fullStr | EIB Working Papers 2020/02 - Impact of FDI on economic growth |
| title_full_unstemmed | EIB Working Papers 2020/02 - Impact of FDI on economic growth |
| title_short | EIB Working Papers 2020/02 - Impact of FDI on economic growth |
| title_sort | eib working papers 2020 02 impact of fdi on economic growth |
| topic | Business & Economics Finance General thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry |
| topic_facet | Business & Economics Finance General thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry thema EDItEUR::K Economics, Finance, Business and Management::KF Finance and accounting::KFF Finance and the finance industry |
| url | OCN: 1238206428 |
| work_keys_str_mv | AT baiashvilitamar eibworkingpapers202002impactoffdioneconomicgrowth AT gattiniluca eibworkingpapers202002impactoffdioneconomicgrowth |