Scholarlink

<p>We investigate the role played by commodity intensity and the quality of the institutional environment in moderating the impact of FDI on growth across country income levels in 108 countries, stretching from developing and emerging market to advanced economies. We find that FDI benefits do not accrue evenly across country income groups. The effect is statistically significant for low- and middle-income countries. Additionally, we find that commodity intensity influences the impact of FDI on growth with higher intensity low- and middle-income countries benefiting more from FDI. Also, low-income countries with higher announced greenfield intensity tend to gain more from the positive effects of aggregate FDI. We also uncover that institutional factors have a moderating positive effect on FDI within country income groups, whereby countries with better-developed institutions relative to their income group peers benefit more from a positive impact of FDI on growth. FDI appears a beneficial element sustaining growth even more so when combined with a genuine reform agenda.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Examining the heterogeneous impact of FDI across income groups: do commodity intensity and institutional quality matter?

  • 期刊论文

  • 发表日期：

    2025年11月1日

查看全文
  • Luca Gattini,
  • Tamar Baiashvili

摘要

We investigate the role played by commodity intensity and the quality of the institutional environment in moderating the impact of FDI on growth across country income levels in 108 countries, stretching from developing and emerging market to advanced economies. We find that FDI benefits do not accrue evenly across country income groups. The effect is statistically significant for low- and middle-income countries. Additionally, we find that commodity intensity influences the impact of FDI on growth with higher intensity low- and middle-income countries benefiting more from FDI. Also, low-income countries with higher announced greenfield intensity tend to gain more from the positive effects of aggregate FDI. We also uncover that institutional factors have a moderating positive effect on FDI within country income groups, whereby countries with better-developed institutions relative to their income group peers benefit more from a positive impact of FDI on growth. FDI appears a beneficial element sustaining growth even more so when combined with a genuine reform agenda.