کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
1002718 937451 2008 21 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The impact of horizontal and vertical FDI on host's country economic growth
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
پیش نمایش صفحه اول مقاله
The impact of horizontal and vertical FDI on host's country economic growth
چکیده انگلیسی

In this paper, we contribute to the literature investigating the impact of FDI on host country economic growth by distinguishing between the growth effects of horizontal (market seeking) FDI and vertical (efficiency seeking) FDI. Using a new database, we estimate the growth effects of vertical and horizontal US MNE activity into 44 host countries over the period 1983–2003, also using traditional total FDI figures as a benchmark. Controlling for endogeneity and absorptive capacity effects, we find that horizontal and vertical FDI have positive and significant growth effects in developed countries. Moreover, our results indicate a superior growth effect of horizontal FDI over vertical FDI. In line with existing literature, we find no significant effects of horizontal or vertical FDI in developing countries.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Business Review - Volume 17, Issue 4, August 2008, Pages 452–472
نویسندگان
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