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|Title:||Foreign investment inflows, government institutions, external openness, and economic growth in developing countries: A theoretical and empirical investigation||Authors:||O.G. DAYARATNA BANDA||Keywords:||Foreign Official Development Assistance, Foreign Direct Investment, Openness, Government Institutions, Economic Growth||Issue Date:||5-Dec-2005||Citation:||O.G. DAYARATNA BANDA (2005-12-05). Foreign investment inflows, government institutions, external openness, and economic growth in developing countries: A theoretical and empirical investigation. ScholarBank@NUS Repository.||Abstract:||The thesis examined key growth issues in developing countries. The exercise first examined as to whether or not there is any systematic relationship between foreign official development assistance (FDA) and foreign direct investment (FDI) inflows. The empirical results of dynamic panel data models for a sample of developing economies find that multilateral FDA discourages FDI inflows while bilateral FDA stimulates FDI inflows. The exercise then examined as to whether or not and through which mechanism(s) government institutions and external openness cause economic growth in developing countries. Theoretical as well as empirical results suggest that government institutions and external openness foster economic growth either because they generate positive externalities or because they enhance innovations.||URI:||http://scholarbank.nus.edu.sg/handle/10635/14882|
|Appears in Collections:||Ph.D Theses (Open)|
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