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Economic Growth and Foreign Direct Investment in the Developing Countries: An Analysis Based on Panel Data

Alimohammad Ahmadi; Jalal Dehnavi; Amin Haghnejad

Volume 11, Issue 41 , July 2011, , Pages 159-180

Abstract
  This paper analyzes the Granger causality between economic growth and Foreign Direct Investment (FDI) inflows in the three income groups of 112 developing countries over the period of 1980 to 2006. For this purpose, panel data techniques, including panel unit root, panel cointegration, and panel vector ...  Read More