메뉴 건너뛰기




Volumn 41, Issue 13, 2009, Pages 1621-1641

An analysis of the relationship between foreign direct investment and economic growth

Author keywords

[No Author keywords available]

Indexed keywords

CRITICAL ANALYSIS; ECONOMIC CONDITIONS; ECONOMIC GROWTH; FOREIGN DIRECT INVESTMENT; INTERNATIONAL TRADE; MARKET DEVELOPMENT;

EID: 67650730053     PISSN: 00036846     EISSN: 14664283     Source Type: Journal    
DOI: 10.1080/00036840701493758     Document Type: Article
Times cited : (87)

References (63)
  • 1
    • 0141460396 scopus 로고    scopus 로고
    • Benefits and costs of international financial integration: Theory and facts
    • Agenor, P-R (2003) Benefits and costs of international financial integration: Theory and facts. World Economy, 26, pp. 1089-1118.
    • (2003) World Economy , vol.26 , pp. 1089-1118
    • Agenor, P.-R.1
  • 2
    • 0001530349 scopus 로고    scopus 로고
    • Do domestic firms benefit from direct foreign investment? Evidence from Venezuela
    • Aitken, BJ and Harrison, AE (1999) Do domestic firms benefit from direct foreign investment? Evidence from Venezuela. American Economic Review, 89, pp. 605-618.
    • (1999) American Economic Review , vol.89 , pp. 605-618
    • Aitken, B.J.1    Harrison, A.E.2
  • 4
    • 58149364940 scopus 로고
    • Another look at the instrumental-variable estimation of error-components models
    • Arellano, M. and Bover, O. (1995) Another look at the instrumental-variable estimation of error-components models. Journal of Econometrics, 68, pp. 29-51.
    • (1995) Journal of Econometrics , vol.68 , pp. 29-51
    • Arellano, M.1    Bover, O.2
  • 5
    • 16544363079 scopus 로고    scopus 로고
    • Foreign firm entry in an open economy: The case of Portugal
    • Barbosa, N., Paulo, G. and Douglas, W. (2004) Foreign firm entry in an open economy: The case of Portugal. Applied Economics, 36, pp. 465-472.
    • (2004) Applied Economics , vol.36 , pp. 465-472
    • Barbosa, N.1    Paulo, G.2    Douglas, W.3
  • 6
    • 84936526726 scopus 로고
    • Government spending in a simple model of endogenous growth
    • Barro, RJ (1990) Government spending in a simple model of endogenous growth. Journal of Political Economy, 98, p. S103.
    • (1990) Journal of Political Economy , vol.98
    • Barro, R.J.1
  • 7
    • 0026277597 scopus 로고
    • Economic growth in a cross section of countries
    • Barro, RJ (1991) Economic growth in a cross section of countries. Quarterly Journal of Economics, 106, pp. 407-443.
    • (1991) Quarterly Journal of Economics , vol.106 , pp. 407-443
    • Barro, R.J.1
  • 9
    • 0345868349 scopus 로고    scopus 로고
    • Stock markets, banks, and growth: Panel evidence
    • Beck, T. and Levine, R. (2004) Stock markets, banks, and growth: Panel evidence. Journal of Banking and Finance, 28, pp. 423-442.
    • (2004) Journal of Banking and Finance , vol.28 , pp. 423-442
    • Beck, T.1    Levine, R.2
  • 11
    • 0343628085 scopus 로고    scopus 로고
    • Foreign direct investment and economic growth: Theory and application to China
    • Berthelemy, J-C and Demurger, S. (2000) Foreign direct investment and economic growth: Theory and application to China. Review of Development Economics, 4, pp. 140-155.
    • (2000) Review of Development Economics , vol.4 , pp. 140-155
    • Berthelemy, J.-C.1    Demurger, S.2
  • 12
    • 12344302410 scopus 로고    scopus 로고
    • On the link between Japanese ODA and FDI in China: A microeconomic evaluation using conditional logit analysis
    • Blaise, S. (2005) On the link between Japanese ODA and FDI in China: A microeconomic evaluation using conditional logit analysis. Applied Economics, 37, pp. 51-55.
    • (2005) Applied Economics , vol.37 , pp. 51-55
    • Blaise, S.1
  • 13
    • 0022827707 scopus 로고
    • Foreign investment and productive efficiency: The case of Mexico
    • Blomstrom, M. (1986) Foreign investment and productive efficiency: The case of Mexico. Journal of Industrial Economics, 35, pp. 117-130.
    • (1986) Journal of Industrial Economics , vol.35 , pp. 117-130
    • Blomstrom, M.1
  • 14
    • 0021089711 scopus 로고
    • Foreign investment and spillover efficiency in an underdeveloped economy: Evidence from the Mexican manufacturing industry
    • Blomstrom, M. and Persson, H. (1983) Foreign investment and spillover efficiency in an underdeveloped economy: Evidence from the Mexican manufacturing industry. World Development, 11, pp. 493-501.
    • (1983) World Development , vol.11 , pp. 493-501
    • Blomstrom, M.1    Persson, H.2
  • 20
    • 0011060066 scopus 로고    scopus 로고
    • Reopening the convergence debate: A new look at cross-country growth empirics
    • Caselli, F., Esquivel, G. and Lefort, F. (1996) Reopening the convergence debate: A new look at cross-country growth empirics. Journal of Economic Growth, 1, pp. 363-389.
    • (1996) Journal of Economic Growth , vol.1 , pp. 363-389
    • Caselli, F.1    Esquivel, G.2    Lefort, F.3
  • 21
    • 33749494107 scopus 로고    scopus 로고
    • Does foreign direct investment affect domestic income inequality?
    • Choi, C. (2007) Does foreign direct investment affect domestic income inequality?. Applied Economics Letters, 13, pp. 811-814.
    • (2007) Applied Economics Letters , vol.13 , pp. 811-814
    • Choi, C.1
  • 23
    • 3242708879 scopus 로고    scopus 로고
    • FDI, trade and spillover efficiency: Evidence from China's manufacturing sector
    • Chuang, Y-C and Hsu, P-F (2004) FDI, trade and spillover efficiency: evidence from China's manufacturing sector. Applied Economics, 36, pp. 1103-1115.
    • (2004) Applied Economics , vol.36 , pp. 1103-1115
    • Chuang, Y.-C.1    Hsu, P.-F.2
  • 24
    • 0000965383 scopus 로고    scopus 로고
    • Does financial development cause economic growth? time-series evidence from 16 countries
    • Demetriades, PO and Hussein, KA (1996) Does financial development cause economic growth? time-series evidence from 16 countries. Journal of Development Economics, 51, pp. 387-411.
    • (1996) Journal of Development Economics , vol.51 , pp. 387-411
    • Demetriades, P.O.1    Hussein, K.A.2
  • 25
    • 13944266438 scopus 로고    scopus 로고
    • Spillovers from foreign direct investment and firm growth: Technological, financial and market structure effects
    • Dimelis, SP (2005) Spillovers from foreign direct investment and firm growth: Technological, financial and market structure effects. International Journal of the Economics of Business, 12, pp. 85-104.
    • (2005) International Journal of the Economics of Business , vol.12 , pp. 85-104
    • Dimelis, S.P.1
  • 27
    • 1542287240 scopus 로고    scopus 로고
    • Trade, growth, and poverty
    • Dollar, D. and Kraay, A. (2004) Trade, growth, and poverty. The Economic Journal, 114, pp. 22-49.
    • (2004) The Economic Journal , vol.114 , pp. 22-49
    • Dollar, D.1    Kraay, A.2
  • 29
    • 33750992112 scopus 로고    scopus 로고
    • Comments on 'International Financial Integration'
    • Engel, C. (2003) Comments on 'International Financial Integration'. IMF Staff Papers, 50, pp. 114-119.
    • (2003) IMF Staff Papers , vol.50 , pp. 114-119
    • Engel, C.1
  • 30
    • 0000518725 scopus 로고
    • National and international returns to scale in the modern theory of international trade
    • Ethier, WJ (1982) National and international returns to scale in the modern theory of international trade. American Economic Review, 72, pp. 389-405.
    • (1982) American Economic Review , vol.72 , pp. 389-405
    • Ethier, W.J.1
  • 31
    • 67650737586 scopus 로고    scopus 로고
    • A reassessment of the relationship between inequality and growth
    • Forbes, K. (2002) A reassessment of the relationship between inequality and growth. American Economic Review, 90, pp. 415-435.
    • (2002) American Economic Review , vol.90 , pp. 415-435
    • Forbes, K.1
  • 32
    • 23844449536 scopus 로고    scopus 로고
    • Foreign direct investment and growth under economic integration
    • Gao, T. (2005) Foreign direct investment and growth under economic integration. Journal of International Economics, 67, pp. 157-174.
    • (2005) Journal of International Economics , vol.67 , pp. 157-174
    • Gao, T.1
  • 33
    • 19844374049 scopus 로고    scopus 로고
    • Absorptive capacity and productivity spillovers from FDI. A threshold regression analysis
    • Girma, S. (2005) Absorptive capacity and productivity spillovers from FDI. A threshold regression analysis. Oxford Bulletin of Economics and Statistics, 67, pp. 281-306.
    • (2005) Oxford Bulletin of Economics and Statistics , vol.67 , pp. 281-306
    • Girma, S.1
  • 34
    • 0000318873 scopus 로고    scopus 로고
    • The theory and practice of corporate finance: Evidence from the field
    • Graham, JR and Harvey, CR (2001) The theory and practice of corporate finance: Evidence from the field. Journal of Financial Economics, 60, pp. 187-243.
    • (2001) Journal of Financial Economics , vol.60 , pp. 187-243
    • Graham, J.R.1    Harvey, C.R.2
  • 36
    • 0027754559 scopus 로고
    • Are there positive spillovers from foreign direct investment? Evidence from panel data for Morocco
    • Haddad, M. and Harrison, AE (1993) Are there positive spillovers from foreign direct investment? Evidence from panel data for Morocco. Journal of Development Economics, 42, pp. 51-74.
    • (1993) Journal of Development Economics , vol.42 , pp. 51-74
    • Haddad, M.1    Harrison, A.E.2
  • 38
    • 0344704051 scopus 로고    scopus 로고
    • Foreign direct investment, financial development and economic growth
    • Hermes, N. and Lensink, R. (2003) Foreign direct investment, financial development and economic growth. Journal of Development Studies, 40, pp. 142-163.
    • (2003) Journal of Development Studies , vol.40 , pp. 142-163
    • Hermes, N.1    Lensink, R.2
  • 39
    • 16544380889 scopus 로고    scopus 로고
    • Determinates of foreign direct investment: Empirical evidence from EU accession candidates
    • Janicki, H. and Wunnava, P. (2004) Determinates of foreign direct investment: Empirical evidence from EU accession candidates. Applied Economics, 36, pp. 505-509.
    • (2004) Applied Economics , vol.36 , pp. 505-509
    • Janicki, H.1    Wunnava, P.2
  • 40
    • 34247482883 scopus 로고
    • Finance and growth: Schumpeter might be right
    • King, R. and Levine, R. (1993) Finance and growth: Schumpeter might be right. Quarterly Journal of Economics, 108, pp. 717-737.
    • (1993) Quarterly Journal of Economics , vol.108 , pp. 717-737
    • King, R.1    Levine, R.2
  • 41
    • 0028575522 scopus 로고
    • Technology, market characteristics, and spillovers
    • Kokko, A. (1994) Technology, market characteristics, and spillovers. Journal of Development Economics, 43, pp. 279-293.
    • (1994) Journal of Development Economics , vol.43 , pp. 279-293
    • Kokko, A.1
  • 42
    • 0030478462 scopus 로고    scopus 로고
    • Local technological capability and productivity spillovers from FDI in the Uruguayan manufacturing sector
    • Kokko, A., Tansini, R. and Zejan, MC (1996) Local technological capability and productivity spillovers from FDI in the Uruguayan manufacturing sector. The Journal of Development Studies, 32, pp. 602-611.
    • (1996) The Journal of Development Studies , vol.32 , pp. 602-611
    • Kokko, A.1    Tansini, R.2    Zejan, M.C.3
  • 43
    • 44949172445 scopus 로고
    • Macroeconomic determinants of growth: Cross-country evidence
    • Kormendi, R. and Meguire, P. (1985) Macroeconomic determinants of growth: Cross-country evidence. Journal of Monetary Economics, 16, pp. 141-163.
    • (1985) Journal of Monetary Economics , vol.16 , pp. 141-163
    • Kormendi, R.1    Meguire, P.2
  • 44
    • 12344300642 scopus 로고    scopus 로고
    • The core periphery pattern of FDI-led growth and production structure in the EU
    • Kottaridi, C. (2005). The core periphery pattern of FDI-led growth and production structure in the EU. Applied Economics, 37, pp. 99-113.
    • (2005) Applied Economics , vol.37 , pp. 99-113
    • Kottaridi, C.1
  • 45
    • 57849098713 scopus 로고
    • Sensitivity analyses would help
    • Leamer, EE (1985) Sensitivity analyses would help. American Economic Review, 75, pp. 308-318.
    • (1985) American Economic Review , vol.75 , pp. 308-318
    • Leamer, E.E.1
  • 47
    • 0026959873 scopus 로고
    • A sensitivity analysis of cross-country growth regressions
    • Levine, R. and Renelt, D. (1992) A sensitivity analysis of cross-country growth regressions. American Economic Review, 82, pp. 942-963.
    • (1992) American Economic Review , vol.82 , pp. 942-963
    • Levine, R.1    Renelt, D.2
  • 48
    • 0346613552 scopus 로고    scopus 로고
    • Stock markets, banks, and economic growth
    • Levine, R. and Zervos, S. (1998) Stock markets, banks, and economic growth. American Economic Review, 88, pp. 537-558.
    • (1998) American Economic Review , vol.88 , pp. 537-558
    • Levine, R.1    Zervos, S.2
  • 49
    • 14044272696 scopus 로고    scopus 로고
    • Foreign direct investment and economic growth: An increasingly endogenous relationship
    • Li, X. and Liu, X. (2005) Foreign direct investment and economic growth: an increasingly endogenous relationship. World Development, 33, pp. 393-407.
    • (2005) World Development , vol.33 , pp. 393-407
    • Li, X.1    Liu, X.2
  • 50
    • 24344509259 scopus 로고    scopus 로고
    • The interdependence between FDI and R&D: An application of an endogenous switching model to Taiwan's electronics industry
    • Lin, H. and Yeh, R-S (2005) The interdependence between FDI and R&D: an application of an endogenous switching model to Taiwan's electronics industry. Applied Economics, 37, pp. 1789-1799.
    • (2005) Applied Economics, , vol.37 , pp. 1789-1799
    • Lin, H.1    Yeh, R.-S.2
  • 53
    • 18844439219 scopus 로고    scopus 로고
    • Foreign direct investment and regional economic performance
    • Mullen, JK and Williams, M. (2005) Foreign direct investment and regional economic performance. Kyklos, 58, pp. 265-282.
    • (2005) Kyklos , vol.58 , pp. 265-282
    • Mullen, J.K.1    Williams, M.2
  • 54
    • 85018651986 scopus 로고
    • Endogenous technological change
    • Romer, PM (1990) Endogenous technological change. Journal of Political Economy, 98, pp. 71-102.
    • (1990) Journal of Political Economy , vol.98 , pp. 71-102
    • Romer, P.M.1
  • 55
    • 0347683794 scopus 로고    scopus 로고
    • I just ran two million regressions
    • Sala-i-Martin, X. (1997) I just ran two million regressions. American Economic Review, 87, pp. 178-183.
    • (1997) American Economic Review , vol.87 , pp. 178-183
    • Sala-i-Martin, X.1
  • 56
    • 25144510863 scopus 로고    scopus 로고
    • International trade, economic growth and intellectual property rights: A panel data study of developed and developing countries
    • Schneider, PH (2005) International trade, economic growth and intellectual property rights: A panel data study of developed and developing countries. Journal of Development Economics, 78, pp. 529-547.
    • (2005) Journal of Development Economics , vol.78 , pp. 529-547
    • Schneider, P.H.1
  • 58
  • 60
    • 0035634098 scopus 로고    scopus 로고
    • Tax structure and growth: Are some taxes better than others?
    • Widmalm, F. (2001) Tax structure and growth: Are some taxes better than others?. Public Choice, 107, pp. 199-219.
    • (2001) Public Choice , vol.107 , pp. 199-219
    • Widmalm, F.1
  • 61
    • 33646769969 scopus 로고    scopus 로고
    • Exports, foreign direct investment, and productivity: Evidence from German firm level data
    • Wagner, J. (2007) Exports, foreign direct investment, and productivity: evidence from German firm level data. Applied Economics Letters, 13, pp. 347-349.
    • (2007) Applied Economics Letters , vol.13 , pp. 347-349
    • Wagner, J.1
  • 62
    • 33847269760 scopus 로고    scopus 로고
    • Do spillover benefits grow with rising foreign direct investment? An empirical examination of the case of China
    • Wang, C. and Yu, L. (2007) Do spillover benefits grow with rising foreign direct investment? An empirical examination of the case of China. Applied Economics, 39, pp. 397-405.
    • (2007) Applied Economics , vol.39 , pp. 397-405
    • Wang, C.1    Yu, L.2
  • 63
    • 33644919939 scopus 로고    scopus 로고
    • On economic growth, FDI and exports in China'
    • Yao, S. (2006) On economic growth, FDI and exports in China'. Applied Economics, 38, pp. 339-351.
    • (2006) Applied Economics , vol.38 , pp. 339-351
    • Yao, S.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.