Foreign Direct Investment as Technology Transferred: Some Panel Evidence from the Transition Economies

Foreign Direct Investment as Technology Transferred: Some Panel Evidence from the Transition Economies
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作为技术转让的外国直接投资:来自转型经济体的一些专家证据

DOI:
10.2139/ssrn.307094
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发表时间:
2002
期刊:
Development Economics
影响因子:
--
通讯作者:
Y. Kinoshita
Y. Kinoshita
中科院分区:
--
文献类型:
--
作者:
N. Campos;Y. Kinoshita

文献摘要

被引文献

相似文献

虽然理论文献已经确定了外国直接投资流入的各种相当大的好处,但经验文献一直无法确定外国直接投资对东道国经济增长率的积极和重大影响。造成这一困难的一个原因是,理论上将外国直接投资等同于技术转让,而在世界上大多数国家和地区,外国直接投资包含一系列远远超出纯技术转让的安排。本文测试的影响,外国直接投资对经济增长的一组国家,其中外国直接投资是纯粹的技术转让:25个中欧和东欧和前苏联的转型国家之间的1990年和1998年。我们的主要发现是,在这个更合适的设置,外国直接投资对经济增长的积极和显着的影响,理论预测。
Although the theoretical literature has identified various sizeable benefits from foreign direct investment inflows (FDI), the empirical literature has been unable to establish a positive and significant impact of FDI on the rates of economic growth of host countries. One reason for this difficulty is that theory equates FDI to technology transferred, while in most countries and regions of the world FDI encompasses an array of arrangements that goes well beyond pure technology transfer. This paper tests for the effects of FDI on growth in a set of countries in which FDI is purer technology transferred: the 25 Central and Eastern European and former Soviet Union transition countries between 1990 and 1998. Our main finding is that, in this more appropriate setting, FDI has a positive and significant impact on economic growth as theory predicts.