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Foreign direct investment as an engine of growth

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Author Info

  • V. N. Balasubramanyam
  • M. Salisu
  • David Sapsford

Abstract

This paper presents, within a new growth theory framework, an analysis of the role of Foreign Direct Investment (FDI) in promoting economic growth. Evidence reported suggests that an important role is exerted by both the size of the domestic market and the competitive climate in relation to local producers. In addition, evidence is reported to indicate that interactions between FDI and human capital exert an especially important influence upon growth performance.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/09638199900000003
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal The Journal of International Trade & Economic Development.

Volume (Year): 8 (1999)
Issue (Month): 1 ()
Pages: 27-40

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Handle: RePEc:taf:jitecd:v:8:y:1999:i:1:p:27-40

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Web page: http://www.tandfonline.com/RJTE20

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Related research

Keywords: Foreign Direct Investment; economic growth; human capital real wages;

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