Economic growth in the presence of FDI: the perspective of newly industrializing economies

Shujie Yao, Kailei Wei, Gen‐Fu Feng, Lin Song

Applied Economics Letters · 2008 · 24 citations · 9 references

Concepts

Abstract

This article presents two propositions on the role of FDI in economic growth: (1) FDI is a mover of production efficiency and (2) FDI is a shifter of the host country's production frontier. It then employs a production function with a large panel data set from the Chinese regions over 1979–2003 to test the propositions.

References

9