Series: IMF Working Papers
Author(s): Jong-Wha Lee , Jose De Gregorio , and Eduardo Borensztein
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 1994
Keywords: fdi, direct investment, human capital, foreign direct investment, host country
We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two d...