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dc.contributor.authorNunnenkamp, Peteren_US
dc.contributor.authorSpatz, Juliusen_US
dc.date.accessioned2009-01-28T14:31:19Z-
dc.date.available2009-01-28T14:31:19Z-
dc.date.issued2003en_US
dc.identifier.citationKiel working paper Institut für Weltwirtschaft, Kiel 1176en_US
dc.identifier.urihttp://hdl.handle.net/10419/3028-
dc.description.abstractConclusive evidence supporting the widely held view that developing countries should draw on foreign direct investment (FDI) to spur economic development is surprisingly hard to come by. We raise the proposition that results on the growth impact of FDI are ambiguous because highly aggregated FDI data, used in virtually all previous empirical studies, blur the differences between resourceseeking, market-seeking and efficiency-seeking FDI and ignore the compatibility of different types of FDI with economic conditions prevailing in the host country. Analysing US FDI stocks in major sectors and specific manufacturing industries in a large number of developing countries, we show that positive growth effects of FDI are anything but guaranteed. Rather, hostcountry and industry characteristics as well as the interplay between both sets of characteristics have an important say on the growth impact of FDI in developing countries.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKieler Arbeitspapiere 1176en_US
dc.subject.jelF21en_US
dc.subject.ddc330-
dc.subject.keywordforeign direct investment stocks , resource-seeking , market-seeking and efficiency-seeking FDI , host-country characteristicsen_US
dc.subject.stwDirektinvestitionen_US
dc.subject.stwAmerikanischen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwEntwicklungen_US
dc.subject.stwBrancheen_US
dc.subject.stwStandortfaktoren_US
dc.subject.stwSchätzungen_US
dc.subject.stwEntwicklungsländeren_US
dc.titleForeign direct investment and economic growth in developing countries : how relevant are host-country and industry characteristics?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn36794023Xen_US
dc.identifier.ppn36794023Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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