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Foreign direct investment and economic growth: a dynamic study of measurement approaches and results

Author

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  • Xinxin Wang
  • Zeshui Xu
  • Yong Qin
  • Marinko Skare

Abstract

The relationship between foreign direct investment and economic growth (FDI-EG) has been subject to extensive research. The first document related to FDI-EG research in Web of Science was published in 1992 so that the research time is close to 30 years. This article aims to make a bibliometric study to measure the FDI-EG research from different points of view. 1,075 documents with respect to FDI-EG research were collected, and a strong bibliometric analysis was carried out by Bibliometrix software and review of approaches. The Bibliometrix software has revealed the leading researchers, conceptual structure, and thematic evolution of the FDI-EG research. At the same time, reviewing the literature helps to make content analysis, the most influential document analysis, co-authorship analysis, and citation and co-citation analysis. Amongst the findings, C. Chen, Journal of International Economics, and the USA are the most influential researcher, journal, and country, respectively. The FDI-EG research are focussed on the technology and firm performance, research modelling, and theoretical inquiry. More discussions are made in terms of current research status, avenues for future research, advantages and drawbacks of the methods. This article helps in understanding the evolution of the FDI-EG research from the perspectives of the bibliometric and review.

Suggested Citation

  • Xinxin Wang & Zeshui Xu & Yong Qin & Marinko Skare, 2022. "Foreign direct investment and economic growth: a dynamic study of measurement approaches and results," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 1011-1034, December.
    • Handle: RePEc:taf:reroxx:v:35:y:2022:i:1:p:1011-1034
    DOI: 10.1080/1331677X.2021.1952090
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    Citations

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    Cited by:

    1. Xinxin Wang & Zeshui Xu & Yong Qin & Marinko Skare, 2023. "The global impact of financial development on renewable energy in a panel structural vector autoregression analysis," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(3), pages 1364-1383, June.
    2. Regret Sunge & Calvin Mudzingiri, 2023. "A Systematic Literature Review on Migration and Remittances in Mountainous Regions: Key Takeaways for Phuthaditjhaba, Free State, South Africa," Sustainability, MDPI, vol. 15(19), pages 1-25, October.
    3. Ze, Fu & Yu, Wence & Ali, Anis & Hishan, Sanil S. & Muda, Iskandar & Khudoykulov, Khurshid, 2023. "Influence of natural resources, ICT, and financial globalization on economic growth: Evidence from G10 countries," Resources Policy, Elsevier, vol. 81(C).
    4. Wu, Zihao & Gao, Jun & Xu, Hui & Shi, Guanqun & Zaidan, Amal Mousa & Ageli, Mohammed Moosa, 2023. "Visualizing symmetric and asymmetric settings in MMQR for natural resources extraction and economic performance: A COVID-19 perspective," Resources Policy, Elsevier, vol. 85(PB).
    5. He, Xu & Sun, Shiquan & Leong, Lin Woon & Cong, Phan The & Abu-Rumman, Ayman & Halteh, Khaled, 2023. "Does clean energy and technological innovation matter for economic growth? An Asian countries perspective," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 1195-1208.

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