FDI and ICT Effects on Productivity Growth

This article investigates for possible effects stemming from Foreign Direct Investment (FDI) and Information and Communication Technologies (ICT) on productivity growth. Foreign Direct Investment (FDI) is considered, among others, an important channel for technology diffusion. Multinational enterpri...

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Bibliographic Details
Published inProcedia, social and behavioral sciences Vol. 93; pp. 1710 - 1715
Main Authors Yazdan, Gudarzi Farahani, Hossein, Sadr Seyed Mohammad
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 21.10.2013
Subjects
economic development
FDI
growth
ICT
productivity
economic development
FDI
growth
ICT
productivity
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Summary:This article investigates for possible effects stemming from Foreign Direct Investment (FDI) and Information and Communication Technologies (ICT) on productivity growth. Foreign Direct Investment (FDI) is considered, among others, an important channel for technology diffusion. Multinational enterprises possess superior technology and management techniques, some of which are captured by local firms when multinationals locate in a particular economy. The analysis is based on panel data covering Middle East countries during the period 1990–2010. The growth accounting results indicate that the growth contribution of ICT and FDI was quite low this countries. The econometric results showed a positive and significant impact of ICT and FDI in these countries.
ISSN:1877-0428
1877-0428
DOI:10.1016/j.sbspro.2013.10.104