Foreign direct investment, economic freedom and economic growth: international evidence
In this paper, we investigate the systemic link between economic freedom, foreign direct investment (FDI) and economic growth in a panel of 85 countries. Our empirical results, based on the generalized method-of-moment system estimator, reveal that FDI by itself has no direct (positive) effect on ou...
Main Authors: | Wan Ngah, Wan Azman Saini, Baharumshah, Ahmad Zubaidi, Law, Siong Hook |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2010
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Online Access: | http://psasir.upm.edu.my/id/eprint/40289/1/Foreign%20direct%20investment%2C%20economic%20freedom%20and%20economic%20growth%20international%20evidence.pdf |
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