A network approach to study the effects of foreign direct investment on economic growth

Empirical papers on Foreign Direct Investment (FDI) produced ambiguous evidence on the sign and magnitude that it has on economic growth. This paper uses a network approach to evaluate if interconnectedness measures of FDI flows, namely network centrality, have an effect on growth. It uses a databas...

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Autores principales: Pardini, Matías, Montes Rojas, Gabriel
Formato: Artículo revista
Lenguaje:Español
Publicado: Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba. 2021
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Acceso en línea:https://revistas.unc.edu.ar/index.php/REyE/article/view/36334
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id I10-R10article-36334
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institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-10
container_title_str Revistas de la UNC
language Español
format Artículo revista
topic Foreign direct investment
networks
economic growth
Economic Integration
International Investment
Inversión extranjera directa
redes
crecimiento económico
Integración económica
Inversión internacional
spellingShingle Foreign direct investment
networks
economic growth
Economic Integration
International Investment
Inversión extranjera directa
redes
crecimiento económico
Integración económica
Inversión internacional
Pardini, Matías
Montes Rojas, Gabriel
A network approach to study the effects of foreign direct investment on economic growth
topic_facet Foreign direct investment
networks
economic growth
Economic Integration
International Investment
Inversión extranjera directa
redes
crecimiento económico
Integración económica
Inversión internacional
author Pardini, Matías
Montes Rojas, Gabriel
author_facet Pardini, Matías
Montes Rojas, Gabriel
author_sort Pardini, Matías
title A network approach to study the effects of foreign direct investment on economic growth
title_short A network approach to study the effects of foreign direct investment on economic growth
title_full A network approach to study the effects of foreign direct investment on economic growth
title_fullStr A network approach to study the effects of foreign direct investment on economic growth
title_full_unstemmed A network approach to study the effects of foreign direct investment on economic growth
title_sort network approach to study the effects of foreign direct investment on economic growth
description Empirical papers on Foreign Direct Investment (FDI) produced ambiguous evidence on the sign and magnitude that it has on economic growth. This paper uses a network approach to evaluate if interconnectedness measures of FDI flows, namely network centrality, have an effect on growth. It uses a database of 175 countries for the 2001-2012 period. Results indicate that there is a negative effect of local centrality (degree) and a positive one for global centrality measures on economic growth. The latter result suggests that the ability of FDI to produce positive effects on economic growth relies on the degree of interconnectedness of the countries to others with a relatively better position in the global investment network. Reception date: May 4, 2020Acceptance date: October 24, 2020
publisher Instituto de Economía y Finanzas. Facultad de Ciencias Económicas. Universidada Nacional de Córdoba.
publishDate 2021
url https://revistas.unc.edu.ar/index.php/REyE/article/view/36334
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