Foreign Direct Investment: Good Cholesterol?

By Ricardo Hausmann, E. Fernández-Arias. 2000

319 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/f427549b4986c83ad99cee64e0b906dcd806354b

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Citations in the corpus

Foreign Direct Investment and Growth: Does the Sector Matter? * (2003, background): “Razin, Sadka and Yuen (1999) argue that foreign investors’ asymmetric information advantage might lead them to over-invest; Hausmann and Fernandez-Arias (2000) also cast doubts on the special merits of FDI. sectors rather than to the primary sector.5 In addition, FDI’s potential to create linkages…”
Financial Globalization: A Reappraisal (2009, unknown): “Hausmann and Fernandez-Arias (2000) provide a contrarian view on the determinants and implications of the composition of flows to developing countries.”
Economics Reform and Wage Differentials in Latin America (2000, unknown): “Helpman and Krugman (1989), Wood (1997)).”
Determinants and Repercussions of the Composition of Capital Inflows (2002, unknown): “Others have found that the distribution of capital flows within developing countries has responded to country specific factors, such as political stability, creditworthiness, and location (Calvo and Reinhart, 1996; Fernandez-Arias and Montiel, 1995; Hernández and Rudolph, 1997; Hausmann and Fernande”
The Pecking Order of Cross-Border Investment (2006, result): “Therefore, although FDI may have beneficial effects on the economy, a composition of foreign investment that is heavily tilted towards FDI is likely to be a signal of some fundamental weaknesses of the host country economy, thus providing support for the argument of Hausmann and Fernandez-Arias (200”
Negative Alchemy? Corruption, Composition of Capital Flows, and Currency Crises (2001, unknown): “For all countries in the sample (103 countries in total), the volatility of FDI/GDP ratio is substantially smaller than the loan/GDP ratio and 3 Hausmann and Fernandez-Arias (2000) argue that the classification of capital inflows into FDI and other forms may not be accurate, and that it is possible…”
Should Countries Promote Foreign Direct Investment (2001, background): “Hausmann and Fernandez-Arias (2000) and Fernandez-Arias and Hausmann (2000) cast doubt on this hypothesis, and also discuss recent literature on currency crises and foreign capital inflows.”
Investment Climate and International Integration (2004, background): “Although some authors (Wheeler and Mody 1992, Hausmann and Fernández-Arias 2000) find that host countries’ institutions do not induce greater inflows of FDI, numerous other empirical studies reach the opposite conclusion.”
Financial Globalization and Economic Policies (2009, unknown): “…as a share of countries’ total external liabilities (or as a share of GDP) are positively associated with indicators of institutional quality.36 35 Hausmann and Fernandez-Arias (2000) provide a contrarian view on the determinants and implications of the composition of flows to developing…”
Incumbents and protectionism: The political economy of foreign entry liberalization (2008, background): “A large theoretical and empirical literature characterizes foreign direct investment as the “good cholesterol” in international capital flows (Hausmann and Fernandez-Arias, 2000; Albuquerque, 2003).”
Institutions and the External Capital Structure of Countries (2004, unknown): “In a cross-section of countries (including advanced economies), Hausmann and Fernández-Arias (2000) document no relationship or a negative relationship between the ratio of FDI inflows to total private capital inflows and institutional quality.”
Effects of Financial Globalization on Developing Countries: Some Empirical Evidence (2003, background): “Moreover, the distinction between FDI and other types of capital flows is not always straightforward (Hausmann and Fernandez-Arias (2000)).”
The Quality of Institutions and Foreign Direct Investment (2007, background): “A different literature that is related to the present paper includes Aizmann and Spiegel (2002), Albuquerque (2003), Hausmann and Fernández-Arias (2000), as well as Mody et al. (2003).”