Foreign direct investment and economic growth in less developed countries: an empirical study of causality and mechanisms

2008 ◽  
Vol 40 (15) ◽  
pp. 1927-1939 ◽  
Author(s):  
Mousumi Duttaray† ◽  
Amitava K. Dutt† ◽  
Kajal Mukhopadhyay†
2015 ◽  
Vol 67 (1) ◽  
pp. 79-105 ◽  
Author(s):  
Sandra Stojadinovic-Jovanovic

It is not necessary to explain the importance of foreign direct investment, particularly in less developed countries, bearing in mind the numerous theoretical and empirical papers that confirm their importance and effects that the inflow of these investments in the country can make. The movement of these investments on the global level is characterized by significant changes, especially in recent years, in their volume, geographically distribution as well as in the conditions in which they take place - conditions of instability and crisis interruptions, growing regional and interregional integration and altered foreign direct investment policies. Trends in their movements are mirrored in individual countries, stressing on the need for their continuous monitoring and detailed analysis. Therefore the paper will identified the key trends that characterize the contemporary global flows of foreign direct investments.


2005 ◽  
Vol 6 (1) ◽  
pp. 81-94
Author(s):  
Cranmer Rutihinda

Using factor analysis this study explores factors influencing the choice of foreign direct investment in less developed countries. Results show significant relationships between foreign direct investment and institutional quality, infrastructure development, market size, availability of natural resources, and quality of human capital. However, the study found no significant relationship between foreign direct investment inflows and economic stability.


Sign in / Sign up

Export Citation Format

Share Document