This study is a contribution to the debate on the relationship between FDI and growth. The idea that the alleged link between FDI and growth is rather the consequence of both FDI and growth responding endogenously to economic integration is tested empirically. The results confirm precisely this point: it is not FDI as such but economic integration, in any form or shape that determines growth.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
5380.
Find related papers by JEL classification: O50 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - General F02 - International Economics - - General - - - International Economic Order; Noneconomic International Organizations;; Economic Integration and Globalization: General
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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.:
M. Ayhan Kose & Eswar Prasad & Kenneth S. Rogoff & Shang-Jin Wei, 2006.
"Financial Globalization: A Reappraisal,"
NBER Working Papers
12484, National Bureau of Economic Research, Inc.
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