Institutions, Foreign Direct Investment, and Domestic Investment: Crowding Out or Crowding In?
نویسندگان
چکیده
منابع مشابه
Crowding out (in) effect of FDI on domestic investment in the Middle East and North Africa countries
Theoretically and empirically, FDI may have positive (complementary) or negative (substitution) effect on the host country’s domestic investment. This study aims to examine the existence of crowding out (in) effect of FDI for MENA countries with high- and low- level income. Using the GMM, several regressions were estimated over the periods of 1981-2017 and 2001-2017. The immediate positive effe...
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Investment is an important driver of growth in both developed and developing countries. There has been a significant increase in domestic investment in Africa over the past two decades. However, despite consistent growth and international support through overseas development assistance (ODA), most countries on the continent still see a wide gap between investment requirements and domestic resou...
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ژورنال
عنوان ژورنال: World Development
سال: 2016
ISSN: 0305-750X
DOI: 10.1016/j.worlddev.2014.04.008