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The Role of Foreign Direct Investment and Natural Resources in Economic Development Author info | Abstract | Publisher info | Download info | Related research | Statistics Jose De Gregorio
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This paper analyzes the role of FDI on economic growth, and discusses whether, based on these results, there is some rationale for special policies that discriminate in favor of particular sectors to attract FDI and to promote growth. At a sectoral level, this paper also discusses the role of natural resources on economic growth. The view that having natural resources is bad for growth and welfare is questioned.
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Paper provided by Central Bank of Chile in its series Working Papers Central Bank of Chile with number
196.
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Date of creation: Jan 2003Date of revision:
Handle: RePEc:chb:bcchwp:196Contact details of provider: Postal: Casilla No967, Santiago Phone: (562) 670 2000 Fax: (562) 698 4847 Web page: http://www.bcentral.cl/ More information through EDIRC
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Claudio Bravo-Ortega & Jose De Gregorio, .
"The Relative Richness of the Poor? Natural Resources, Human Capital and Economic Growth ,"
Working Papers Central Bank of Chile
139, Central Bank of Chile.
[Downloadable!]
Other versions: Maloney, William F., 2002.
"Missed opportunities - innovation and resource-based growth in Latin America ,"
Policy Research Working Paper Series
2935, The World Bank.
[Downloadable!]
Brian J. Aitken & Ann E. Harrison, 1999.
"Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela ,"
American Economic Review ,
American Economic Association, vol. 89(3), pages 605-618, June.
[Downloadable!] (restricted)
Jeffrey D. Sachs & Andrew M. Warner, 1995.
"Natural Resource Abundance and Economic Growth ,"
NBER Working Papers
5398, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Eduardo Borensztein & Jong-Wha Lee & Jose De Gregorio, 1994.
"How Does Foreign Direct Investment Affect Economic Growth ,"
IMF Working Papers
94/110, International Monetary Fund.
Other versions:
Eduardo Borensztein & Jose De Gregorio & Jong-Wha Lee, 1995.
"How Does Foreign Direct Investment Affect Economic Growth? ,"
NBER Working Papers
5057, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted) Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998.
"How does foreign direct investment affect economic growth?1 ,"
Journal of International Economics ,
Elsevier, vol. 45(1), pages 115-135, June.
[Downloadable!] (restricted) Lane, Philip R & Tornell, Aaron, 1996.
" Power, Growth, and the Voracity Effect ,"
Journal of Economic Growth ,
Springer, vol. 1(2), pages 213-41, June.
Ricardo Hausmann & Eduardo Fernández-Arias, 2000.
"Foreign Direct Investment: Good Cholesterol? ,"
RES Working Papers
4203, Inter-American Development Bank, Research Department.
[Downloadable!]
Martin, Will & Mitra, Devashish, 2001.
"Productivity Growth and Convergence in Agriculture versus Manufacturing ,"
Economic Development and Cultural Change ,
University of Chicago Press, vol. 49(2), pages 403-22, January.
Robert E. Lipsey, 2000.
"Interpreting Developed Countries' Foreign Direct Investment ,"
NBER Working Papers
7810, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
De Gregorio, Jose, 1992.
"Economic growth in Latin America ,"
Journal of Development Economics ,
Elsevier, vol. 39(1), pages 59-84, July.
[Downloadable!] (restricted)
Other versions: Daniel Lederman & William Maloney, 2002.
"Open Questions about the Link Between Natural Resources and Economic Growth: Sachs and Warner Revisited ,"
Working Papers Central Bank of Chile
141, Central Bank of Chile.
[Downloadable!]
Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Asiedu, Elizabeth, 2005.
"Foreign Direct Investment in Africa: The Role of Natural Resources, Market Size, Government Policy, Institutions and Political Instability ,"
Working Papers
RP2005/24, World Institute for Development Economic Research (UNU-WIDER).
[Downloadable!]
Emilio Pineda & Paul Cashin & Yan Sun, 2009.
"Assessing Exchange Rate Competitiveness in the Eastern Caribbean Currency Union ,"
IMF Working Papers
09/78, International Monetary Fund.
[Downloadable!]
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