English, Article, Journal or magazine article edition: FOREIGN DIRECT INVESTMENT, HUMAN CAPITAL AND NONLINEARITIES IN ECONOMIC GROWTH Thanasis Stengos; Costantina Kottaridi

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Bookmark: http://trove.nla.gov.au/version/145087
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • FOREIGN DIRECT INVESTMENT, HUMAN CAPITAL AND NONLINEARITIES IN ECONOMIC GROWTH
Author
  • Thanasis Stengos
  • Costantina Kottaridi
Physical Description
  • preprint
Notes
  • This paper examines the effect of FDI on the process of economic growth by allowing the impact to differ both across each country and also across each time period. We apply non-parametric techniques taking into account the previously documented nonlinear effects of initial income and human capital on economic growth. We use a wide range of countries, both developed and developing in order to be able to distinguish potential differential effects between the two groups. Our findings suggest that FDI inflows have a moderately nonlinear effect on growth and that the human capital nonlinear effect in the presence of FDI inflows is similar to the one found elsewhere in the relevant literature. Classification-JEL: O47
  • cross country growth regressions, FDI, human capital, semi-parametric additive model
  • RePEc:rim:rimwps:20-08
Language
  • English
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