01704cas a2200253 a 4500 AALejournalIMF013399 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475517934 1018-5941 BD-DhAAL BD-DhAAL Al-Sadiq, Ali. Outward Foreign Direct Investment and Domestic Investment : The Case of Developing Countries / Ali Al-Sadiq. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet United States imf IMF Working Papers; Working Paper ; No. 2013/052 Full text available on IMF http://elibrary.imf.org/view/journals/001/2013/052/001.2013.issue-052-en.xml IMF e-Library