Outward foreign direct investment and domestic investment : the case of developing countries /

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Bibliographic Details
Author / Creator:Al-Sadig, Ali J., author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2013.
Description:1 online resource (28 pages) : color illustrations.
Language:English
Series:IMF working paper ; WP/13/52
IMF working paper ; WP/13/52.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12501589
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Other authors / contributors:International Monetary Fund. Middle East and Central Asia Department.
ISBN:9781475578195
1475578199
1475569122
9781475569124
Notes:Title from PDF title page (IMF Web site, viewed Feb. 26, 2013).
"February 2013"--Page 2 of pdf.
"Middle East and Central Asia Department"--Page 2 of pdf.
Includes bibliographical references (pages 19-21).
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"--Abstract.