Good or Bad? The Influence of FDI on Output Growth: An industry-level analysis
AbstractThis paper attempts to reconcile the often inconclusive evidence on the impact of FDI on growth by taking into account the heterogeneity both among industries and among countries. Using a comparable database at the industry level for 35 countries of the OECD, Asia and Eastern Europe from 1987 to 2002, we test both the stage of development and the FDI industrial pattern for the economic impact of FDI on growth. In certain industries and for the catching-up countries, a significant and positive relationship emerges when FDI interacts with investment or export orientation.
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Bibliographic InfoPaper provided by The Vienna Institute for International Economic Studies, wiiw in its series wiiw Working Papers with number 38.
Date of creation: Apr 2006
Date of revision:
Publication status: Published as wiiw Working Paper
Other versions of this item:
- Carmen Fillat Castejón & Julia Woerz, 2006. "Good or bad? The influence of FDI on output growth. An industry-level analysis," Documentos de Trabajo dt2006-01, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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