New evidence on the link between fdı and economic growth
Yükleniyor...
Dosyalar
Tarih
2019
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
This paper explores the link between foreign capital inflows (FDI) and economic growth (GDP) while analyzing
the moderating role of financial development in the period 1993-2015. The link of interest has been explored in
the case of 75 countries (overall panel); 35 developed and 40 developing economies. The empirical methodology
includes the GMM estimator. The empirical evidence suggests that FDI has a positive impact on GDP. Moreover,
the coefficient with the financial development is found to be significant and positive. The policy implications of
the general results of this paper point out that foreign capital inflow has appeared as the policy variable for accelerating
economic growth in both, developed and developing countries.
Açıklama
Anahtar Kelimeler
Economic growth, Foreign capital inflows, Moderating effect, Panel
Kaynak
WoS Q Değeri
Scopus Q Değeri
Cilt
Sayı
Künye
Satrovic, Elma.(2019).New evidence on the link between fdı and economic growth.
