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The contribution of foreign direct investment to exports: An empirical study of 23 LDCs

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  • Nwanna, Gladson

Abstract

Insufficient capital and foreign exchange have often been portrayed as key constraints to the growth and development of less developed countries. These economies have thus come to rely on foreign direct investment as a means of increasing their capital base and foreign exchange reserves and, via the operation of foreign subsidiary firms, as a strategy for increasing the production not only of locally consumed commodities but also of exports. This article focuses on the latter aspect.

Suggested Citation

  • Nwanna, Gladson, 1986. "The contribution of foreign direct investment to exports: An empirical study of 23 LDCs," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 21(6), pages 277-282.
    • Handle: RePEc:zbw:inteco:140050
    DOI: 10.1007/BF02925173
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    Cited by:

    1. Thi Thuy Hang Le & Van Chien Nguyen & Thi Hang Nga Phan, 2022. "Foreign Direct Investment, Environmental Pollution and Economic Growth—An Insight from Non-Linear ARDL Co-Integration Approach," Sustainability, MDPI, vol. 14(13), pages 1-14, July.
    2. Roseline Misati & Kethi Ngoka, 2021. "Constraints on the performance and competitiveness of Tanzania's manufacturing exports," WIDER Working Paper Series wp-2021-35, World Institute for Development Economic Research (UNU-WIDER).
    3. Radovan Kastratović, 2020. "The impact of foreign direct investment on host country exports: A meta‐analysis," The World Economy, Wiley Blackwell, vol. 43(12), pages 3142-3183, December.

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    Keywords

    Direct investments;

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