FDI and economic growth: New evidence on the role of financial markets

This study uses a threshold regression model and finds new evidence that the positive impact of FDI on growth "kicks in" only after financial market development exceeds a threshold level.Until then, the benefit of FDI is non-existent.

Bibliographic Details

Main Authors:	Azman-Saini, W.N.W., Law, Siong Hook, Ahmad, Abd Halim @ Hamilton
Format:	Article
Language:	en
Published:	Elsevier 2010
Subjects:	HC Economic History and Conditions
Online Access:	https://repo.uum.edu.my/id/eprint/12579/1/FDI.pdf https://repo.uum.edu.my/id/eprint/12579/ http://dx.doi.org/10.1016/j.econlet.2010.01.027
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