Яшил иқтисодиёт ва тараққиёт 2-том 9-нөмір (2024)
How does foreign direct investment promote economic growth?
O‘tkirova, Bonu
Аңдатпа
Although there is considerable evidence on the link between foreign direct investment (FDI) and economic growthin developing countries, causal patterns of the two variables has not been investigated yet with a reliable procedure. Eventhough, FDI is expected to boost host economic growth, it is shown that the extent to which FDI is growth-enhancingappears to depend on country-specific characteristics. Particularly, FDI tends to be more likely to promote economicgrowth when host countries adopt liberalized trade regime, improve education and thereby human capital conditions,encourage export-oriented FDI, and maintain macroeconomic stability.
FDI, host country, calibration, spillover efficiency, MNE, goods sector, micro and macro empirical evidence and others.
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