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The Color of Money: The Effects of Foreign Direct Investment on Economic Growth in Transition Economies

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  • Minsoo Lee

    (Economics Department, Commerce Division, Lincoln University)

  • MoonJoong Tcha

    (Department of Economics, The University of Western Australia)

Abstract

This paper examines the role of foreign direct investment in the growth of central and Eastern European countries, the Baltic States and the CIS around the transition period.

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File URL: http://ecompapers.biz.uwa.edu.au/paper/PDF%20of%20Discussion%20Papers/2002/02-16.pdf
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Bibliographic Info

Paper provided by The University of Western Australia, Department of Economics in its series Economics Discussion / Working Papers with number 02-16.

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Length: 37 pages
Date of creation: 2002
Date of revision:
Handle: RePEc:uwa:wpaper:02-16

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  1. Sachs, Jeffrey D, 1996. "The Transition at Mid Decade," American Economic Review, American Economic Association, vol. 86(2), pages 128-33, May.
  2. 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.
  3. Easterly, William & Fischer, Stanley, 1995. "The Soviet Economic Decline," World Bank Economic Review, World Bank Group, World Bank Group, vol. 9(3), pages 341-71, September.
  4. Edwards, Sebastian, 1993. "Openness, Trade Liberalization, and Growth in Developing Countries," Journal of Economic Literature, American Economic Association, vol. 31(3), pages 1358-93, September.
  5. Brunetti, Aymo & Kisunko, Gregory & Weder, Beatrice, 1997. "Institutions in transition : reliability of rules and economic performance in former Socialist countries," Policy Research Working Paper Series 1809, The World Bank.
  6. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 66, pages 467.
  7. Kenneth A. Froot, 1994. "Foreign Direct Investment in Eastern Europe: Some Economic Considerations," NBER Chapters, in: The Transition in Eastern Europe, Volume 2: Restructuring, pages 293-318 National Bureau of Economic Research, Inc.
  8. Shujiro Urata & Hiroki Kawai, 2000. "Intrafirm Technology Transfer by Japanese Manufacturing Firms in Asia," NBER Chapters, in: The Role of Foreign Direct Investment in East Asian Economic Development, NBER-EASE Volume 9, pages 49-77 National Bureau of Economic Research, Inc.
  9. Martin L. Weitzman, 1968. "Soviet Postwar Economic Growth and Capital Labor Substitution," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University 256, Cowles Foundation for Research in Economics, Yale University.
  10. Azariadis, Costas & Drazen, Allan, 1990. "Threshold Externalities in Economic Development," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 105(2), pages 501-26, May.
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Cited by:
  1. Lee, Hsiu-Yun & Lin, Kenneth S. & Tsui, Hsiao-Chien, 2009. "Home country effects of foreign direct investment: From a small economy to a large economy," Economic Modelling, Elsevier, vol. 26(5), pages 1121-1128, September.
  2. McDonald Bruce D & Eger Robert J, 2010. "The Defense-Growth Relationship: An Economic Investigation into Post-Soviet States," Peace Economics, Peace Science, and Public Policy, De Gruyter, De Gruyter, vol. 16(1), pages 1-28, September.

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