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Working Paper

Foreign Direct Investment and Economic Growth in Developing Countries: How Relevant Are Host-country and Industry Characteristics?

Kiel Working Papers, 1176

Authors

  • Nunnenkamp
  • P.
  • Spatz
  • J.

Publication Date

JEL Classification

F21

Key Words

economic growth effects

foreign direct investment stocks

host-country characteristics

industry characteristics

market-seeking and efficiency-seeking FDI

resource-seeking

Conclusive evidence supporting the widely held view that developing countries should draw on foreign direct investment (FDI) to spur economic development is surprisingly hard to come by. We raise the proposition that results on the growth impact of FDI ar

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