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Investissements directs étrangers et croissance économique : Estimation d’un modèle à erreurs composées
[Foreign direct investment and economic growth: Estimation of error component model]

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  • bouoiyour, jamal
  • El Mouhoub, Mouhoud
  • Hanchane, Hichame

Abstract

The developing countries multiply incentive policies to attract foreign direct investment, to benefit from positive effects of "spillovers".. The objective of our paper is to check first whether the impact of these flows is automatic or otherwise requires a number of conditions within the host country. Secondly, to verify a general hypothesis of conditional convergence, in the case of developing countries. We conclude that the effect of FDI is positive on the economic growth of countries in our sample, however the effect of human capital and positive but not significant.

Suggested Citation

  • bouoiyour, jamal & El Mouhoub, Mouhoud & Hanchane, Hichame, 2008. "Investissements directs étrangers et croissance économique : Estimation d’un modèle à erreurs composées [Foreign direct investment and economic growth: Estimation of error component model]," MPRA Paper 38208, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:38208
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    More about this item

    Keywords

    Foreign direct investment; Human capital; Economic growth; Error component model; GMM;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models

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