FDI and economic growth: new evidence on the role of financial markets

FDI and economic growth: new evidence on the role of financial markets

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This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth “kicks in” only after financial market development exceeds a threshold level. Until then, the benefit of FDI is non-existent.

Bibliographic Details
Main Authors: Wan Ngah, Wan Azman Saini, Law, Siong Hook, Ahmad, Abd Halim
Format: Article
Language:English
Published: Elsevier 2010
Online Access:http://psasir.upm.edu.my/id/eprint/14738/1/FDI%20and%20economic%20growth%20new%20evidence%20on%20the%20role%20of%20financial%20markets.pdf

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