المستودع الأكاديمي جامعة المدينة

Does it Make a Difference? Comparing Growth Effects of European and North American FDI in Latin America

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dc.creator Tondl, Gabriele
dc.creator Prüfer, Patricia
dc.date 2007
dc.date.accessioned 2013-10-16T07:07:18Z
dc.date.available 2013-10-16T07:07:18Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19880
dc.identifier ppn:560908032
dc.identifier RePEc:zbw:gdec07:6549
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19880
dc.description FDI from the European Union (EU) ranks before FDI from North America (NA) in some of the Latin American countries. We investigate the impact of EU- versus NA-FDI on the growth rate including about 50 controls. Country specific effects and parameter heterogeneity are incorporated in our estimation. We use Bayesian Model Averaging to address model uncertainty and to select the best models and most robust parameters. Our results indicate that positive effects of FDI are dependent on the functioning of legal frameworks and the quality of infrastructure. EU-FDI is an important, robust growth determinant whereas NA-FDI is not.
dc.language eng
dc.publisher
dc.relation Proceedings of the German Development Economics Conference, Göttingen 2007 / Verein für Socialpolitik, Research Committee Development Economics 26
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F43
dc.subject O54
dc.subject C52
dc.subject F21
dc.subject ddc:330
dc.subject Growth determinants
dc.subject FDI
dc.subject model uncertainty
dc.subject Bayesian Model Averaging
dc.subject Latin America
dc.title Does it Make a Difference? Comparing Growth Effects of European and North American FDI in Latin America
dc.type doc-type:conferenceObject


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