Foreign direct investment in developing countries and growth: A selective survey

de Mello Jr., Luiz R. (1997) Foreign direct investment in developing countries and growth: A selective survey. Journal of Development Studies, 34 (1). pp. 1-34. ISSN 0022-0388. (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided)

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Abstract

This article surveys the latest developments in the literature on the impact of inward foreign direct investment (FDI) on growth in developing countries. In general FDI is thought of as a composite bundle of capital stocks, know-how, and technology, and hence its impact on growth is expected to be manifold and vary a great deal between technologically advanced and developing countries. The ultimate impact of FDI on output growth in the recipient economy depends an the scope for efficiency spillovers to domestic firms, by which FDI leads to increasing returns in domestic production, and increases in the value-added content of FDI-related production.

Item Type: Article
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: T. Nasir
Date Deposited: 24 Oct 2009 14:45
Last Modified: 26 May 2015 12:43
Resource URI: https://kar.kent.ac.uk/id/eprint/18393 (The current URI for this page, for reference purposes)
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