This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … develop several arguments to show that institutional quality modulates the intensity of FDI impact on growth. Using a … 1984-2009. The use of Panel Smooth Transition Regression (PSTR) allows us to identify both the heterogeneity and an …

This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … countries, we show that FDI has a positive effect on growth only beyond a certain threshold of institutional quality. In order … to benefit from FDI-led growth, institutional reforms should thus precede FDI attraction policies. Additionally, some …

This paper investigates the effect of FDI on economic growth conditional on the institutional quality of host countries … develop several arguments to show that institutional quality modulates the intensity of FDI impact on growth. Using a … 1984-2009. The use of Panel Smooth Transition Regression (PSTR) allows us to identify both the heterogeneity and the …

very nature of those flows and important factors affecting foreign investors decision which can ultimately affect growth …

and the overall effect over growth are highly debatable. This study claims that although capital flows may be required for … the increase in output, other forces are causing this growth and creating the demand for capital. We construct a model in … which growth requires both training of managers by firms in order to expand, representing the absorption capacity of the …

contribute to expanding the host country's capital stock. The model suggests that greenfield FDI has a stronger impact on growth … than M&A sales. This hypothesis is supported by our empirical results, which show that greenfield FDI enhances growth …We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …

very nature of those flows and important factors affecting foreign investors decision which can ultimately affect growth …

We explore the effect of foreign direct investment (FDI) on economic growth in developing countries, distinguishing … with respect to their influence on growth. While Greenfield FDI substantially enhances growth, M&As have no effect, at best … rate. The resulting loss in price competitiveness may explain the poor growth effect of the M&A variant of FDI. …

the context of two partial equilibrium endogenous growth models. In our first model, the scale of fickle outside … investment funds traces out a meanvariance tradeoff for the growth rate of the economy. In particular, the volatility of these … regulation of outside investment may increase growth. Our second model involves increasing returns and multiple equilibria. In …

’s capital stock. Greenfield FDI should therefore have a stronger impact on growth than M&A sales. This hypothesis is supported … by our empirical results, which show that greenfield FDI enhances growth, while M&As have no effect, at best, in a panel …We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between …