Foreign Direct Investment and Economic Growth Literature Review from 1994 to 2012

Foreign direct investment (FDI) has been viewed as a power affecting economic growth (EG) directly and indirectly during the past few decades. This paper reviewed an amount of researches examining the relationships between FDI and EG, especially the effects of FDI on EG, from 1994 up to 2012. The re...

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Bibliographic Details
Published inProcedia, social and behavioral sciences Vol. 129; pp. 206 - 213
Main Authors Almfraji, Mohammad Amin, Almsafir, Mahmoud Khalid
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 01.05.2014
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Summary:Foreign direct investment (FDI) has been viewed as a power affecting economic growth (EG) directly and indirectly during the past few decades. This paper reviewed an amount of researches examining the relationships between FDI and EG, especially the effects of FDI on EG, from 1994 up to 2012. The results show that the main finding of the FDI-EG relation is significantly positive, but in some cases it is negative or even null. And within the relation, there exist several influencing factors such as the adequate levels of human capital, the well-developed financial markets, the complementarity between domestic and foreign investment and the open trade regimes, etc.
ISSN:1877-0428
1877-0428
DOI:10.1016/j.sbspro.2014.03.668