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Investissements directs étrangers et croissance économique : Estimation d’un modèle à erreurs composées

Authors
Publication Date
Keywords
  • F21 - International Investment
  • Long-Term Capital Movements
  • C33 - Models With Panel Data
  • Longitudinal Data
  • Spatial Time Series
Disciplines
  • Economics

Abstract

The developing countries multiply incentive policies to attract foreign direct investment, to benefit from positive effects of "spillovers".. The objective of our paper is to check first whether the impact of these flows is automatic or otherwise requires a number of conditions within the host country. Secondly, to verify a general hypothesis of conditional convergence, in the case of developing countries. We conclude that the effect of FDI is positive on the economic growth of countries in our sample, however the effect of human capital and positive but not significant.

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