Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80677
Authors: 
Bruno, Randolph
Campos, Nauro F.
Year of Publication: 
2013
Series/Report no.: 
IZA Discussion Paper 7458
Abstract: 
The prevailing consensus is that foreign direct investment (FDI) effects are conditional. At the macro level, they depend upon minimum levels of human capital or financial development, while at the micro level, they depend on type of linkage (forwards, backwards, or horizontal). This paper presents new evidence showing that these effects are substantially less conditional. We use a meta-analysis on two data sets covering 549 micro and 553 macro estimates of the effects of FDI on performance. We find these effects tend to be larger in macro than in micro studies, and greater in low- than in high-income countries.
Subjects: 
foreign direct investment
economic growth
firm performance
meta-regression-analysis
JEL: 
C83
F23
O12
Document Type: 
Working Paper

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