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Author/Editor:
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Al-sadiq, Ali
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Publication Date:
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February 26, 2013
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Electronic Access:
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Free Full text
(PDF file size is 989KB).
Use the free
Adobe Acrobat Reader
to view this PDF file
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
Over the past two decades, the growth rate of outward foreign direct investment (FDI) from developing and transition economies has increased significantly. Given the role of physical capital accumulation in determining the economic growth rate, it is important to assess how domestic investment responds to such outflows. This study empirically examines the effects of outward FDI on domestic investment in developing countries. Using data from 121 developing and transition economies over the period 1990–2010, the results suggest that FDI outflows negatively impact the rate of domestic investment.
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Order a print copy
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Series:
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Working Paper No. 13/52
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Subject(s):
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Foreign direct investment | Developing countries | Transition economies | Capital flows | Economic growth | Economic models
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English
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Publication Date:
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February 26, 2013
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ISBN/ISSN:
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9781475517934/2227-8885
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Format:
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Paper
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Stock No:
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WPIEA2013052
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Pages:
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28
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Price:
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US$18.00 )
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Please address any questions about this title to
publications@imf.org
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