Does Foreign Direct Investment Accelerate Economic Growth

By M. Carkovic, Ross Levine. 2002

1,606 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/c86fd4ddbf54930f07f1815a7e6f190c2bee5a1e

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Citations in the corpus

An analysis of the relationship between foreign direct investment and economic growth (2009, methodology): “…Note that a positive coefficient for 5 means that FDI has a stronger effect on economic growth with a greater X.4 Formulation 2 In addition, as in Carkovic and Levine (2002) and Edison et al. (2002), we employ the following dynamic formulation: yi, t yi, t 1 ¼ ð 1Þyi, t 1 þ 0Xi, t þ i þ "i, t…”
Does globalization hurt the poor? (2002, background): “Carkovic and Levine (2002) , and Edison et al. (2002), also failed to find a robust, independent effect of FDI and various other measures of international financial openness on growth.”
FDI and Growth : a Causal Relationship (2005, background): “All three countries showed a significant increase in FDI 5 See Addison and Mavrotas (2003) for a critical assessment of the relationship between FDI and infrastructure with particular reference to Africa.”
Foreign Direct Investment and Growth: Does the Sector Matter? * (2003, methodology): “A shortcoming of the data set is that, given the limited time frame, I cannot exploit the time variation of the data using statistical techniques such as those followed by Carkovic and Levine (2002) that limits comparisons.”
Is foreign direct investment good for growth? Evidence from sectoral analysis of China and Vietnam (2008, background): “In more recent work, Carkovic and Levine (2005) argue that the positive results described above are due to a biased estimation methodology.”
Benefits and Costs of International Financial Integration: Theory and Facts (2001, background): “It includes those of Agosin and Mayer (2000), Bosworth and Collins (2000), Blomstrom, Lipsey and Zejan (1994), Borensztein, De Gregorio and Lee (1998), Gruben and McLeod (1998), Carkovic and Levine (2002) and Edison, Levine, Ricci and Slok (2002).”
Multinationals and Linkages: An Empirical Investigation (2004, methodology): “At the macroeconomic level, Carkovic and Levine’s work, for example, casts doubt on the findings on growth and FDI.15 They use the generalized method of moments (GMM) estimator designed by Arrellano and Bover to account for simultaneity bias and country-specific effects.16 They find that the exogeno”
Funding Self-Sustaining Development: The Role of Aid, FDI and Government in Economic Success (2006, background): “…respectively+ Thus both theoretically and statistically, population and distance seem to serve as acceptable instruments for aid in both sets of regressions+ 57+ See Arellano and Bond 1991; Arellano and Bover 1995; Blundell and Bond 1998+ 58+ See Carkovic and Levine 2002+ 59+ Sargan 1958, 404+”
The Impact of FDI Inflows and Environmental Quality on Economic Growth: an Empirical Study for the MENA Countries (2017, methodology): “Carkovic and Levine (2002) tested the relationship between FDI and economic growth for 72 countries for the period 1960–1995, using the GMM panel estimator to determine the impact of FDI inflows on economic growth.”
Does Foreign Direct Investment Promote Economic Growth? Evidence from a Threshold Regression Analysis (2008, background): “Borensztein et al. (1998) and Carkovic and Levine (2005) also arrive at”
Economic Reforms, FDI, and Economic Growth in India: A Sector Level Analysis (2008, background): “This also applies to prominent FDI studies, including Hermes and Lensink (2003) as well as Carkovic and Levine (2005). 4 This restriction is mainly for two reasons.”
When does FDI matter? The roles of local institutions and ethnic origins of FDI (2013, background): “A voluminous literature exists that explores the impacts of FDI on the host’s socio-economic well being (Borensztein et al., 1998; Carkovic & Levine, 2002).”