The Relationship between FDI and Growth under Economic Integration: Is There One?
In: Proceedings of the Conference on Emerging Economic Issues in a Globalizing World
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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