Does FDI cause development? The ambiguity of the evidence and why it matters

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Narula, Rajneesh; Driffield, Nigel;

The contribution that inward foreign direct investment (FDI) makes to development has been examined in a number of contexts including the relationship between inward FDI and new firm formation; growth; innovation, exports and competitiveness. However, no debate has prov... View more
  • References (2)

    Aitken, B. & Harrison, A. (1999) Do domestic firms benefit from direct foreign investment? Evidence from Venezuela, American Economic Review, 89(9), pp. 605-618.

    Bell, M. & Marin, A (2004) Where do FDI-related technology spillovers come from in emerging economies? An exploration in Argentina in the 1990s, European Journal of Development Research, 16, pp. 653-686.

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