TECHNOLOGY SPILLOVER THROUGH FOREIGN DIRECT INVESTMENT IN DEVELOPING COUNTRIES: EVIDENCE FROM PATENT APPLICATIONS

environmental consequences of economic growth and foreign direct investment: evidence from developing countries

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Foreign Direct Investment: Flows, Volatility and Growth in Developing Countries

This paper contributes to the literature on FDI and economic growth. We deviate from previous studies by introducing measures of the volatility of FDI inflows. As introduced into the model, these are predicted to have a negative effect on growth. We estimate the standard model using cross-section, panel data and instrumental variable techniques. Whilst all results are not entirely robust, there...

An Examination Of Economic Liberalization Impact On Foreign Direct Investment In Selected Developing Countries

Foreign Direct Investment and Technology Spillover: Evidence across Indian Manufacturing Industries

The paper attempts to analyze the spillover effect of Foreign Direct Investment (FDI) across Indian manufacturing industries. Foreign presence by way of FDI brings new channels of technology spillover to the domestic industrial firms in the form of enhanced efficiency and diffusion of knowledge in the long-run. By carrying out Pedroni cointegration tests, the analysis tries to provide a long-ru...

The Relationship between Foreign Direct Investment and Tourism Development: Evidence from Developing Countries

This paper investigates the existence of Granger causality and cointegrated relationships between tourism related Foreign Direct Investment (FDI) and tourism development in developing countries using panel VECM techniques from 1995 to 2008. The results confirm the existence of a co-integrated relationship between variables in the long run. In addition, there is a bilateral long-run causality be...