Absorptive capacity and the effects of foreign direct investment and equity foreign portfolio investment on economic growth

By J. Durham. 2004

902 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/1877c2fefc9a9867d66a1f0df62cffcfff8146bd

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Citations in the corpus

Foreign multinationals and domestic innovation: Intra-industry effects and firm heterogeneity (2015, background): “…Zanfei (2007a) – the analysis of domestic firms’ heterogeneity has been more limited and focused mainly on differences in terms of absorptive capacity as expressed by employee skills (Borensztein et al., 1998; Glass and Saggi, 2002; Castellani and Zanfei, 2002; Durham, 2004; Liu and Buck, 2007).”
ICT and economic growth : comparing developing, emerging and developed countries (2018, neutral): “18 See e.g. Harbaugh et al. (2002), Durham (2004) and Ardizzi et al. (forthcoming).”
Foreign Direct Investment and Economic Growth Literature Review from 1994 to 2012 (2014, neutral): “Durham (2004) 80 countries 1979- 1998.”
Foreign Direct Investment - Growth Nexus: A Review of the Recent Literature (2008, positive): “In essence, Hermes and Lensink (2003), Durham (2004) and Alfaro et al. (2004) all find that countries with better financial systems and financial market r gulations can exploit FDI more efficiently and achieve a higher growth rate.”
Foreign Direct Investment and Economic Growth: The Role of Domestic Financial Sector (2007, background): “Thus, we conclude that a well-functioning financial system promotes higher economic growth by absorbing the benefits embodied in the foreign capital flows, especially in the form of FDI [Hermes and Lensink (2003); Alfaro, et al. (2004); Choong, et al. (2004) and Durham (2004)].”
Empirical evidence on the effects of tax incentives (2009, positive): “This is indeed in line with the findings of the literature that a positive impact of FDI on economic growth is conditional on key financial and institutional aspects of absorptive capacity in host countries (Durham 2004, Borensztein, et al. 1998).”
Does Foreign Direct Investment Generate Economic Growth? A New Empirical Approach Applied to Spain (2018, background): “Durham (2004) finds in a large multicountry study that FDI is not significantly correlated with growth, interpreting this as evidence of needed absorptive capacity of the host economy.”
Financial Globalization: A Reappraisal (2009, background): “(41)See Hermes and Lensink (2003), Alfaro and others (2004), and Durham (2004). (42)See Hines (1995), Faria and Mauro (2005), and Alfaro and others (2006). FINANCIAL GLOBALIZATION: A REAPPRAISAL”
Fdi, Growth And The Environment: Evidence From India On Co2 Emission During The Last Two Decades (2009, positive): “Using data on 80 countries for the period 1979-98, Durham (2004) fails to identify a positive relationship between FDI and economic growth but suggests instead that the effects of FDI are contingent on the ‘absorptive capability’ of host countries.”
Foreign Direct Investment, Economic Growth and Financial Sector Development in Small Open Developing Economies (2012, methodology): “Therefore, in alignment with the submissions of Alfaro et al (2004) and Durham (2004), for Ghana and Gambia well developed financial markets – particularly in terms of overall size – promote economic performance by absorbing the benefits embodied in FDI flows.”
Emerging multinationals: outward FDI from the BRICS countries (2008, background): “A growing literature suggests that the variations in growth effects of FDI can to a large part be explained by differences in the abilities on the receiving end to absorb the knowledge and technological potentials FDI provides (Keller 1996; Borensztein et al. 1998; Durham 2004; Olofsdotter 1998).”