FDI and economic growth: The role of natural resources

Arbeitspapier

In the paper, I explored links between inflow of FDI, natural resource abundance and economic growth. The paper is an attempt to analyze a lager sample of 106 countries and investigate the impact of FDI inflow on the economic growth of the host country. Further, natural resource abundance is considered to slow down the economic growth. The paper explores if the natural resource abundance affect the FDI-growth relationship. Using panel data for a sample the period 1993-2012, the paper uses fixed effects model and conclude that FDI inflow accelerates economic growth of the host country. However, the presence of natural resources slows down the FDI induced growth. The same results hold after controlling for endogeneity.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IES Working Paper ; No. 36/2014

Classification and Topics

• Classification: Wirtschaft ; Multinational Firms; International Business ; Economic Growth of Open Economies
• Subject: Foreign Direct Investment ; Economic Growth ; Natural Resources ; Resource Curse ; Hausman Test

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hayat, Arshad
• Event: Veröffentlichung
• (who): Charles University in Prague, Institute of Economic Studies (IES)
• (where): Prague
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/120423
• Last update: 10.03.2025, 11:42 AM CET