Impact of Foreign Direct Investment and Trade on Economic Growth: Evidence from Developing Countries

By S. Makki, Agapi L. Somwaru. 2004

505 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/4fc596ff4c214e158714ac16c279bc934de5287b

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Citations in the corpus

• Impact of Foreign Direct Investment on Economic Growth of Pakistan (2013, background): “The aforementioned mixed theoretical framework leads the empirical studies conducted by various scholars e.g. Shah et al (2003) [9], Borensztein, et al. (1998) [10], Makki and Somwaru (2004) [11], Campos and Kinoshita (2002) [12] and Zhang (2001) [13] among others.”
• Foreign Direct Investment, Trade Openness and Economic Growth in Ghana: An Empirical Investigation (2015, background): “Makki and Somwaru (2004) find support for the Bhagwati hypothesis for 66 developing countries from 1971 to 2000 using seemingly unrelated regression and instrumental variable (3SLS) estimation methods.”
• China and India: Openness, Trade and Effects on Economic Growth (2011, background): “…costs) and trade policy (liberalizations, reduction of tariffs, etc.).53 The most recent studies54 followed either cross-section or panel approaches, usually with large samples of countries: see for example Edwards (1998), Frankel and Romer (1999), Makki and Somwaru (2004), Sarkar (2008).”
• Foreign direct investment, exports and economic growth: evidence from two panels of developing countries (2016, methodology): “Nath (2009) employed a fixed effect panel data approach to examine the effects of trade and FDI on the growth of per capita real GDP in 13 transition economies of Central and Eastern Europe and the Baltic region from 1991 to 2005.”
• The Effects Of Foreign Direct Investment On The Host Country'S Economic Growth: Theory And Empirical Evidence (2013, background): “Several studies (e.g. Berthélemy and Démurger, 2000; Zhang, 2001, Hermes and Lensink, 2003; Makki and Somwaru, 2004; Khawar, 2005) show that technology transfers from multinationals to the host country economy have a positive impact only when there is human capital development capable of absorbing…”