Publication:
Foreign Direct Investment, Regulations, and Growth

dc.contributor.authorBusse, Matthias
dc.contributor.authorGroizard, José Luis
dc.date.accessioned2012-06-21T21:09:52Z
dc.date.available2012-06-21T21:09:52Z
dc.date.issued2006-04
dc.description.abstractThis paper explores the linkage between income growth rates and foreign direct investment (FDI) inflows. So far the evidence is rather mixed, as no robust relationship between FDI and income growth has been established. The authors argue that countries need a sound business environment in the form of good government regulations to be able to benefit from FDI. Using a comprehensive data set for regulations, they test this hypothesis and find evidence that excessive regulations restrict growth through FDI only in the most regulated economies. This result holds true for different specifications of the econometric model, including instrumental variable regressions.en
dc.identifierhttp://documents.worldbank.org/curated/en/2006/04/6727744/foreign-direct-investment-regulations-growth
dc.identifier.doi10.1596/1813-9450-3882
dc.identifier.urihttps://hdl.handle.net/10986/8728
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper; No. 3882
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectBANKRUPTCY
dc.subjectBASE YEAR
dc.subjectBENCHMARK
dc.subjectBLACK MARKET
dc.subjectBLACK MARKET PREMIUM
dc.subjectBUSINESS REGULATIONS
dc.subjectCAPITAL FLOWS
dc.subjectCIVIL LIBERTIES
dc.subjectCOMPETITIVENESS
dc.subjectCOUNTRY CHARACTERISTICS
dc.subjectCOUNTRY REGRESSIONS
dc.subjectDEPENDENT VARIABLE
dc.subjectDESCRIPTIVE STATISTICS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDIRECT INVESTMENT INFLOWS
dc.subjectDOMESTIC FIRMS
dc.subjectDYNAMIC PANEL
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC BENEFITS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INTEGRATION
dc.subjectECONOMICS
dc.subjectECONOMICS RESEARCH
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectEMPIRICAL LITERATURE
dc.subjectEMPIRICAL RESULTS
dc.subjectEMPIRICAL STUDIES
dc.subjectEMPIRICAL WORK
dc.subjectENDOGENOUS VARIABLES
dc.subjectERROR TERM
dc.subjectESTIMATED COEFFICIENT
dc.subjectEXOGENOUS VARIABLES
dc.subjectEXPLANATORY VARIABLES
dc.subjectEXPORTS
dc.subjectFACTOR ENDOWMENTS
dc.subjectFDI
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL MARKETS
dc.subjectFINANCIAL SYSTEMS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN INVESTMENT
dc.subjectFOREIGN INVESTMENTS
dc.subjectFRAMEWORK FOR REGULATIONS
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT REGULATIONS
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectGROWTH EQUATION
dc.subjectGROWTH LITERATURE
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectGROWTH REGRESSION
dc.subjectHOST COUNTRIES
dc.subjectHOST COUNTRY
dc.subjectHOST ECONOMIES
dc.subjectHOST ECONOMY
dc.subjectHUMAN CAPITAL
dc.subjectIMPACT OF REGULATIONS
dc.subjectINCOME GROWTH
dc.subjectINCOME LEVELS
dc.subjectINDEPENDENT VARIABLES
dc.subjectINDUSTRIAL ECONOMICS
dc.subjectINFLATION RATE
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVESTMENT DECISIONS
dc.subjectLABOR MARKET
dc.subjectLAGGED GROWTH
dc.subjectLANDLOCKED COUNTRIES
dc.subjectLIQUIDITY
dc.subjectMIDDLE EAST
dc.subjectMODEL SPECIFICATIONS
dc.subjectMONETARY ECONOMICS
dc.subjectMULTINATIONAL COMPANIES
dc.subjectMULTINATIONAL ENTERPRISES
dc.subjectNEGATIVE SIGN
dc.subjectNORTH AFRICA
dc.subject0 HYPOTHESIS
dc.subjectPER CAPITA GROWTH
dc.subjectPER CAPITA INCOME
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOSITIVE EFFECTS
dc.subjectPRODUCTIVITY GROWTH
dc.subjectPRODUCTIVITY INCREASES
dc.subjectQUALITY REGULATIONS
dc.subjectREGRESSION ANALYSIS
dc.subjectREGULATORY COSTS
dc.subjectREGULATORY ENVIRONMENT
dc.subjectREGULATORY FRAMEWORK
dc.subjectSIGNIFICANT IMPACT
dc.subjectSTANDARD DEVIATION
dc.subjectSUB-SAHARAN AFRICA
dc.subjectTECHNOLOGY SPILLOVERS
dc.subjectTRADE LIBERALIZATION
dc.subjectVERTICAL LINKAGES
dc.titleForeign Direct Investment, Regulations, and Growthen
dspace.entity.typePublication
okr.crossref.titleForeign Direct Investment, Regulations, And Growth
okr.date.doiregistration2025-04-10T10:44:13.576387Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2006/04/6727744/foreign-direct-investment-regulations-growth
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeGovernance
okr.globalpracticeTrade and Competitiveness
okr.guid709031468178144612
okr.identifier.doi10.1596/1813-9450-3882
okr.identifier.externaldocumentum000016406_20060414121859
okr.identifier.internaldocumentum6727744
okr.identifier.reportWPS3882
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2006/04/14/000016406_20060414121859/Rendered/PDF/wps3882.pdfen
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicInternational Economics and Trade::Foreign Direct Investment
okr.topicEconomic Theory and Research
okr.topicRegulatory Regimes
okr.topicPublic Sector Regulation
okr.topicInternational Economics and Trade
okr.topicMacroeconomics and Economic Growth
okr.topicPublic Sector Development
okr.unitDevelopment Research Group (DECRG)
okr.volume1 of 1
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
wps3882.pdf
Size:
297.14 KB
Format:
Adobe Portable Document Format
No Thumbnail Available
Name:
wps3882.txt
Size:
74.68 KB
Format:
Plain Text
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description: