Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/111901
Authors: 
Brenner, Thomas
Year of Publication: 
2014
Series/Report no.: 
Working Papers on Innovation and Space 05.14
Abstract: 
This paper studies the effects of foreign direct investment (FDI) on national economic growth with the help of GMM panel regressions. Effects on productivity growth, capital and labor inputs as well as innovation activities are distinguished. Furthermore, less and more developed countries as well as the time periods 1974-1991 and 1992-2009 are studied separately. Effects of FDI on production capacities are found for more developed countries in the first time period, while effects on innovation activities are found for the medium developed countries in the latter time period. Effects in less developed countries are rather negative.
Subjects: 
growth
foreign direct investment
FDI
growth effects
panel GMM
JEL: 
O11
O40
E10
C23
F23
Document Type: 
Working Paper

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