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037 _5BiblioBoard
245 0 0 _aEIB Working Papers 2020/02 - Impact of FDI on economic growth
_bThe role of country income levels and institutional strength /
_cEuropean Investment Bank, Tamar Baiashvili, Luca Gattini.
_nVolume 2020/2
020 _a9789286145735
024 8 _ahttps://doi.org/10.2867/846546
029 1 _ahttps://library.biblioboard.com/ext/api/media/f3bb6406-cda4-4171-8ff5-33d5b47f750a/assets/thumbnail.jpg
040 _aScCtBLL
_cScCtBLL
506 0 _aAccess copy available to the general public.
_fUnrestricted
_2star
700 1 _aEuropean Investment Bank
_eeditor.
700 1 _aBaiashvili, Tamar
_eauthor.
700 1 _aGattini, Luca
_eauthor.
264 1 _bEuropean Investment Bank,
300 _a1 online resource (1 p.)
490 1 _aEIB Working Papers
520 _aThe impact of foreign direct investment (FDI) on economic growth is affected by incomes levels and the quality of the institutional environment. This paper examines these relationships based on data for 111 countries, stretching back to 1980. It finds that FDI benefits do not accrue mechanically and evenly across countries. Instead, there is inverted-U shaped relationship between countries' income levels and the size of FDI's impact on growth. Moving from low to middle-income countries the effect gets larger. On the other hand, it diminishes again transitioning to high income countries. It also finds that absorptive capacity matters in channelling FDI effects. Within country income groups, countries with better-developed institutions relative to their peers benefit more from FDI in terms of growth.
588 0 _aDescription based on print version record.
590 _aKU Open Services
650 7 _aBusiness & Economics / Finance
_2bisacsh
650 0 _aEconomics
655 0 _aElectronic books.
758 _iIs found in:
_aKnowledge Unlatched
_1https://openresearchlibrary.org/module/2774bc74-146a-484f-a7ba-ab1d6a09bbfb
830 0 _aEIB Working Papers
856 4 0 _uhttps://openresearchlibrary.org/content/f3bb6406-cda4-4171-8ff5-33d5b47f750a
_zView this content on Open Research Library.
_70
999 _c32557
_d32557