Advanced Search
MyIDEAS: Login to save this paper or follow this series

Foreign direct investment. A bid for progress?

Contents:

Author Info

  • Ferro, Gustavo
  • Antón Rodríguez, Martín

Abstract

Foreign Direct Investment (FDI) is not a unique explanation for growth and progress, but is one of the more useful indicators of the open opportunities. It reveals preferences of the developed countries’ private sector, while the emerging economies seem to participate in a global bid. That bid is for capital, for the technology and know-how normally associated to investments, and for the final award, progress and development. Besides policies, politics and initial conditions, the economy matters. An estimation of economic determinants to FDI is done, and to take into account best relative results, an econometric frontier is calculated in order to determine how do the more efficient in attracting FDI. Some new perspective is added to conventional wisdom: there are countries, which are in some sense “more efficient producers” of FDI. The efficient frontier approach could shed some light of the link from sowing to reaping. Some shocking results were attained, when we tried to ask the question “Which are the best harvesters?” The more “sexiest” countries are not the more efficient producers of FDI in our ranking.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://mpra.ub.uni-muenchen.de/15093/
File Function: original version
Download Restriction: no

Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15093.

as in new window
Length:
Date of creation: Feb 2006
Date of revision: Nov 2008
Handle: RePEc:pra:mprapa:15093

Contact details of provider:
Postal: Schackstr. 4, D-80539 Munich, Germany
Phone: +49-(0)89-2180-2219
Fax: +49-(0)89-2180-3900
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC

Related research

Keywords: Foreign Direct Investment; efficiency frontiers; growth;

Find related papers by JEL classification:

References

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.:
as in new window
  1. Ewe-Ghee Lim, 2001. "Determinants of, and the Relation Between, Foreign Direct Investment and Growth," IMF Working Papers, International Monetary Fund 01/175, International Monetary Fund.
  2. Aart Kraay & Norman Loayza & Luis Servén & Jaume Ventura, 2000. "Country portfolios," Economics Working Papers, Department of Economics and Business, Universitat Pompeu Fabra 913, Department of Economics and Business, Universitat Pompeu Fabra.
  3. Dasgupta, Dipak & Ratha, Dilip, 2000. "What factors appear to drive private capital flows to developing countries? and how does official lending respond?," Policy Research Working Paper Series, The World Bank 2392, The World Bank.
  4. Dollar, David & Hallward-Driemeier, Mary & Mengistae, Taye, 2006. "Investment climate and international integration," World Development, Elsevier, Elsevier, vol. 34(9), pages 1498-1516, September.
  5. V N Balasubramanyam & D Sapsford & M A Salisu, . "Foreign Direct Investment and Growth," Working Papers, Department of Economics, University of Lancaster ec13/94, Department of Economics, University of Lancaster.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:15093. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.