Outward Foreign Direct Investment and Domestic Investment : The Case of Developing Countries /

Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition economies has increased significantly. Given the role of physical capital accumulation in determining the economic growth rate, it is important to assess how domestic investment respo...

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Bibliografiska uppgifter
Huvudupphovsman: Al-Sadiq, Ali
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/052
Ämnen:
Länkar:Full text available on IMF
Beskrivning
Sammanfattning:Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition economies has increased significantly. Given the role of physical capital accumulation in determining the economic growth rate, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies over the period 1990-2010, the results suggest that FDI outflows negatively impact the rate of domestic investment.
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Fysisk beskrivning:1 online resource (28 pages)
Materialtyp:Mode of access: Internet
ISSN:1018-5941
Tillgång:Electronic access restricted to authorized BRAC University faculty, staff and students