2020
DOI: 10.1016/j.econmod.2020.07.009
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Foreign direct investment and economic growth: Is more financial development better?

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Cited by 140 publications
(101 citation statements)
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“…Table 1 lists three main attitudes of the nature of the FDI-EG relationship. Osei and Kim (2020) found that the positive impact of FDI-EG depends on a country's level of financial market development, because it increases the efficiency of investment and lead to different phrases' increases in growth. Considering complex factors, such as the scope for efficiency spill-overs to domestic firms, FDI-EG relationship presents an ambivalent relationship (Mawugnon & Qiang, 2011).…”
Section: Content Analysismentioning
confidence: 99%
“…Table 1 lists three main attitudes of the nature of the FDI-EG relationship. Osei and Kim (2020) found that the positive impact of FDI-EG depends on a country's level of financial market development, because it increases the efficiency of investment and lead to different phrases' increases in growth. Considering complex factors, such as the scope for efficiency spill-overs to domestic firms, FDI-EG relationship presents an ambivalent relationship (Mawugnon & Qiang, 2011).…”
Section: Content Analysismentioning
confidence: 99%
“…Several studies (e.g. Islam, 1995;Osei et al 2020;Fauzel, Sheereen. 2016;Desbordes, Rodolphe, and Shang-Jin Wei.…”
Section: The Relationship Between Foreign Direct Investment and Financial Developmentmentioning
confidence: 99%
“…(2016) Mohammad A.A. andMahmoud K.A (2014) have shown that economic growth is influenced by FDI positively in host countries. Osei et al (2020) re-examine, for a panel of 62 countries, the relationship between financial development, foreign direct investment and economic growth using non-linear models.…”
Section: The Relationship Between Foreign Direct Investment and Financial Developmentmentioning
confidence: 99%
“…Moreover, horizontal, and vertical knowledge spillovers via backward or forward linkage with local firms are expected (Javorcik, 2004, Alfaro, 2017. As a result, decision makers have facilitated market entry, eliminated, or lowered barriers in new sectors for foreign investment and provided a number of investment incentives, such as tax vacations or other support (Osei and Kim, 2020). Along with the host of benefits, FDI may lead to a spatial and branch concentration of economic activity (Nazarczuk and Lizińska, 2009;Zhang et al, 2014).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Along with the host of benefits, FDI may lead to a spatial and branch concentration of economic activity (Nazarczuk and Lizińska, 2009;Zhang et al, 2014). Empirical evidence regarding the nexus between FDI and growth shows that the benefits of FDI vary across sectors (Osei and Kim, 2020).…”
Section: Literature Reviewmentioning
confidence: 99%