Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/107776 
Year of Publication: 
2015
Series/Report no.: 
Economics Discussion Papers No. 2015-18
Publisher: 
Kiel Institute for the World Economy (IfW), Kiel
Abstract: 
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 authors show that there is a robust positive correlation between growth and FDI. Significantly larger correlations are established for single country case studies than with cross-country analysis. It also appears that growth is slightly more correlated with FDI in developing countries.
Subjects: 
economic growth
FDI
meta-regression analysis
JEL: 
O24
F21
Creative Commons License: 
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Document Type: 
Working Paper

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