Foreign Investment in Developing Countries: Does it Crowd in Domestic Investment?

By Manuel Agosin, Ricardo Mayer. 2005

554 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6b6d4141c2a2406b6b344475c4eb099d052b74f7

Citations in the corpus

• Foreign Direct Investment, Trade Openness and Economic Growth in Ghana: An Empirical Investigation (2015, unknown): “…human capital, internationalization and widening of host countries’ markets, increased production efficiency, employment creation, investment and capitalization, and research and development activities (see Bosworth & Collins, 1999; Agosin & Mayer, 2000; Harzing & Sorge, 2003; Javorcik, 2004).”
• Capital account liberalization, free long-term capital flows, financial crises and economic development (2003, unknown): “A more interesting analysis of this issue is reported in the recent study by Agosin and Mayer [2000]. This study examines the regional variations in the effects of FDI on the crowding in and out of domestic investment.”
• Private Provision of Infrastructure in Emerging Markets: Do Institutions Matter? (2006, unknown): “Agosin and Mayer (2000) note the possible negative relationship between FDI and domestic investment.”
• Energy savings via FDI? Empirical evidence from developing countries (2009, unknown): “FDI can be measured relative to total domestic investment as suggested by Mielnik and Goldemberg (2002) or relative to GDP as in Agosin and Mayer (2000). Both methods yield intensity measures.”
• New Competition; Foreign Direct Investment and Industrial Development in China (2004, unknown): “, 1998) or estimating investment equations that incorporate FDI (McMillan, 1999; Agosin and Mayer, 2000).”
• Institutions, Foreign Direct Investment, and Domestic Investment: Crowding Out or Crowding In? (2016, unknown): “M&U do not report the exact number of instruments used in their estimations, and neither do Agosin and Machado (2005), who use one-step difference GMM analysis with the robust estimator of the covariance matrix on the basis of data for the years 1971-2000 and 12 countries. Moreover, the latter autho”
• FDI, Trade Openness, Capital Formation, and Economic Growth in Bangladesh: A Linkage Analysis (2010, unknown): “…and development of domestic firms’ of a host country in the long-run as they have large volume of capital, superior technologies, higher market access, advanced marketing networks and better managerial and human relation skills (Marksun & Venables 1997, Agosin & Mayer 2000, Kumar & Pradhan 2002).”