Foreign Direct Investments, Institutional Framework and Economic Growth

Arbeitspapier

This paper explores the role of institutional quality in economic growth and more specifically the role it plays via the channel of foreign direct investments. This paper uses economic performance-relevant indicators of institutional quality (both an aggregated variable of institutional quality and individual indicators) to evaluate their direct impact on economic growth and their indirect impact on economic growth via foreign direct investments. This paper uses a larger dataset of 104 countries and applies GMM estimation method to a dynamic panel data and finds that FDI inflows cause stronger economic growth in countries with better institutional quality compared to countries with lower institutional quality. The same is true for individual institutional quality measure.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IES Working Paper ; No. 09/2017

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multinational Firms; International Business ; Economic Growth of Open Economies ; Macroeconomics: Production
• Thema: foreign direct investments ; institutional quality ; economic growth ; GMM

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Hayat, Arshad
• Ereignis: Veröffentlichung
• (wer): Charles University in Prague, Institute of Economic Studies (IES)
• (wo): Prague
• (wann): 2017

Weitere Informationen

• Handle: http://hdl.handle.net/10419/174202
• Letzte Aktualisierung: 12.07.2024, 13:24 MESZ