T he impact of FDI on economic growth is neither homogeneous, nor completely clarified. Due to accumulation of capital in the host economy, FDI is expected to encourage the incorporation of new inputs and technologies in the process of production. However, the impact of FDI on economic growth is not so shaped up in empirical studies. Accordingly, while some studies remarked a positiv...

This paper seeks to compare the export and technological capabilities generated by foreign and local electronics firms in Malaysia, Philippines and Thailand, and to explain their determinants. FDI has been the key driver of electronics exports in all three economies. While the data available prevented an assessment of the role of FDI in technology diffusion to local firms, it was sufficient to ...

It has been empirically shown that ̄rms invest in foreign countries also with the aim to absorb technological knowledge. However, the recent literature on technological innovation and foreign expansion has not fully taken into account these features of foreign direct investment. Introducing this new element into the analysis implies assuming that multinationals and exporters operate with di®ere...

In this paper we examine the relationship between firm characteristics and the decision of the firm to sell in the domestic market, export and/or invest abroad. We find that globalisation of Indian firms through the sharp increase in exports and foreign direct investment can be explained by firm characteristics. Data for a set of more than 1600 Indian firms for 10 years shows that exporting and...

This study examines the dynamic relationship between foreign direct investment (FDI) and total factor productivity having controlled for other channels of external openness: exports and imports in four ASEAN countries: Indonesia, Malaysia, Singapore, and Thailand. We employ the panel data analysis PDA (fixed effect and dynamic panel models) as well as the panel cointegration and Granger causali...

Foreign Direct Investmentplays a crucial role in the economy of developing countries like Bangladesh through accelerating Gross Domestic Product (GDP), export and domestic investment followed by overall economic growth. The present scenario of FDI in Bangladesh in not still satisfactory enough but given the availability of abundant resources, skilled and cheap labor forces, a stable political a...