The determinants of FDI and Its impact on economic growth: A comparative study

This paper investigates the determinants of FDI and the effect of FDI on economic growth based on the panel data of 112 countries in Asia, Latin America and Sub-Saharan Africa over the period 1980-2014. The results show that higher GDP, trade balance and domestic investment could attract more FDI. F...

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Main Author: xu, hanglu
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2016
Online Access:https://eprints.nottingham.ac.uk/36353/
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author xu, hanglu
author_facet xu, hanglu
author_sort xu, hanglu
building Nottingham Research Data Repository
collection Online Access
description This paper investigates the determinants of FDI and the effect of FDI on economic growth based on the panel data of 112 countries in Asia, Latin America and Sub-Saharan Africa over the period 1980-2014. The results show that higher GDP, trade balance and domestic investment could attract more FDI. FDI inflow could promote economic growth, but this positive effect is less for country with better infrastructure and financial development. From sub-sample analysis, the positive effect of FDI on economic growth is less for countries with better infrastructure and financial development in Asia, whereas the positive effect of FDI on economic growth is less for countries with lower technology level, more government consumption, and better financial development in Sub-Saharan Africa. Finally, the positive effect of FDI on economic growth is not restrained by any condition in host countries in Latin America.
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spelling nottingham-363532017-10-12T21:22:54Z https://eprints.nottingham.ac.uk/36353/ The determinants of FDI and Its impact on economic growth: A comparative study xu, hanglu This paper investigates the determinants of FDI and the effect of FDI on economic growth based on the panel data of 112 countries in Asia, Latin America and Sub-Saharan Africa over the period 1980-2014. The results show that higher GDP, trade balance and domestic investment could attract more FDI. FDI inflow could promote economic growth, but this positive effect is less for country with better infrastructure and financial development. From sub-sample analysis, the positive effect of FDI on economic growth is less for countries with better infrastructure and financial development in Asia, whereas the positive effect of FDI on economic growth is less for countries with lower technology level, more government consumption, and better financial development in Sub-Saharan Africa. Finally, the positive effect of FDI on economic growth is not restrained by any condition in host countries in Latin America. 2016-09-07 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/36353/1/Hanglu%20Xu.pdf xu, hanglu (2016) The determinants of FDI and Its impact on economic growth: A comparative study. [Dissertation (University of Nottingham only)]
spellingShingle xu, hanglu
The determinants of FDI and Its impact on economic growth: A comparative study
title The determinants of FDI and Its impact on economic growth: A comparative study
title_full The determinants of FDI and Its impact on economic growth: A comparative study
title_fullStr The determinants of FDI and Its impact on economic growth: A comparative study
title_full_unstemmed The determinants of FDI and Its impact on economic growth: A comparative study
title_short The determinants of FDI and Its impact on economic growth: A comparative study
title_sort determinants of fdi and its impact on economic growth: a comparative study
url https://eprints.nottingham.ac.uk/36353/