Citation
Ayub, Muhammad and W. N., W. Azman Saini and N. A., M. Naseem and Mazlan, Nur Syazwani and Laila, Nisful
(2020)
Regime durability and foreign direct investment – growth nexus in developing countries.
International Journal of Economics and Management, 14 (3).
435 - 446.
ISSN 1823-836X; ESSN: 2600-9390
Abstract
This study examines the role of regime durability in moderating the economic growtheffect of FDI inflows in 67 developing countries over the 1984-2016 period. The results based on the generalized method-of-moments panel estimation technique reveal that countries with durable regime benefit more from FDI inflows. The empirical results are robust to two alternative indicators of regime durability and FDI. The finding is consistent with the growing view that FDI spillovers depends on the capacity of host countries to absorb and internalize new technology associated with FDI inflows. In this respect, policymakers should weigh the cost of policies aimed at attracting FDI versus those that seek to improve regime durability.
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Official URL or Download Paper: http://www.ijem.upm.edu.my/vol14no3/8.%20Regime%20...
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Additional Metadata
| Item Type: | Article |
|---|---|
| Divisions: | School of Business and Economics |
| Publisher: | Universiti Putra Malaysia |
| Keywords: | Foreign direct investment; Regime durability; Economic growth; Absorptive capacity; Generalised method-of-moments |
| Depositing User: | Mohamad Jefri Mohamed Fauzi |
| Date Deposited: | 18 May 2023 01:50 |
| Last Modified: | 18 May 2023 01:50 |
| URI: | http://psasir.upm.edu.my/id/eprint/87431 |
| Statistic Details: | View Download Statistic |
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