Positivo, mientras que el efecto del nivel del logro escolar y el desarrollo económico es negativo. La interacción entre la IED y la brecha tecnológica tiene un efecto Los resultados empıricos de este estudio muestran que
No obstante, el efecto de la IED sobre elĬrecimiento económico depende de las condiciones de la economıaĪ receptora. Sugieren que la IED juega un importante rol, contribuyendo alĬrecimiento económico. Vınculos existentes entre la inversión externa directa (IED), lasĬondiciones locales y el crecimiento económico. Panel en 14 paıses latinoamericanos entre 1978 y 2003, los Este estudio examinó empıricamente, utilizandoĬomo base las informaciones metodológicas obtenidas en formato University of Houston–Victoria, 14000 University Blvd., Sugar Land, TX 77479. Al Nasser, School of Business Administration,
Received Septemrevised Februaccepted April 5, 2010.Īddress correspondence to Omar M. We also provide evidence that the link betweenįDI and economic growth is bidirectional for Latin AmericanĬountries, which indicates that economic growth initially couldĪttract more FDI, which, in turn, would then result in accelerated Therefore, the causal link between FDI and economic growth
Our empirical evidence shows that the direction of causality isįrom economic growth to FDI and not the reverse for Asian countries. Relationship between FDI and economic growth further, this paperĮxamines Granger-causality between FDI and economic growth. Trade, school attainment, and telephone lines are the most determinant of location decisions for foreign investors. Furthermore, theĮmpirical results from the FDI equation suggest that inflation, Level of school attainment on economic growth. Technology gap and a negative interaction effect of FDI with the Study show that there is a positive interaction effect of FDI with However, the effect of FDI on economic growth is dependent on The results suggest thatįDI plays an important role in contributing to economic growth. Latin American countries from 1978 to 2003, this paper empirically examines the links between foreign direct investment (FDI), Using panel data methods to analyze data from 14 School of Business Administration, University of Houston –Victoria, Victoria, TexasĪBSTRACT. Terms &Ĭonditions of access and use can be found at Systematic supply, or distribution in any form to anyone is expressly forbidden. Substantial or systematic reproduction, redistribution, reselling, loan, sub-licen sing, This article may be used for research, teaching, and private study purposes. Howsoever caused arising directly or indirectly in connection with, in relation to or arising Proceedings, demands, costs, expenses, damages, and other liabilities whatsoever or Taylor and Francis shall not be liable for any losses, actions, claims, Should not be relied upon and should be independently verified with primary sources Any opinionsĪnd views expressed in this publication are the opinions and views of the authors,Īnd are not the views of or endorsed by Taylor & Francis. The accuracy, completeness, or suitability for any purpose of the Content. Our agents, and our licensors make no representations or warranties whatsoever as to “Content”) contained in the publications on our platform. Taylor & Francis makes every effort to ensure the accuracy of all the information (the Growth? The Role of Local Conditions, Latin American Business Review, 11:2, 111-139, DOI: Al Nasser (2010) How Does Foreign Direct Investment Affect Economic School of Business Administration, University of Houston–Victoria , Publication details, including instructions for authors and Office: Mortimer House, 37-41 Mortimer Street, London W1T 3JH, UK Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered
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