Tittle: Regime Durability and Foreign Direct Investment-Growth Nexus in Developing Countries
Authors:
1. Muhammad Ayub
2. WNW Azman-Saini
3. NAM Naseem
4. Nur Syazwani Mazlan
5. Nisful Laila
Department: Islamic
Economics
Journal
Name : Keywords: Absorptive capacity, Economic Growth, Fooreign Direct Investment, Generalized Method-of-Moments, Regime Durability
Abstract: This Study Examines The Role of Regime Durability in Moderating the Economic Growth-Effect of FDI Inflows in 67 Developing Countries in the 67 Developing Countries of the 1984-2016 Period. The results are based on the Generalized Method-of-Comments Panel Estimation Technique Reveal that countries with Durable Regime Benefit More from FDI Inflows. The Empirical Results are Robust to Two Alternative Indicators of Regime Durability and FDI. The Finding is consistent with the growing view that fdi spillovers depends on the capacity of host country to absorb and internalize new technology associated with FDI Inflows. In this respect, policymakers should weeks the cost of policies aimed at Attracting FDI versus that seek to improve regime durability.
For details: http://www.ijem.upm.edu.my/vol14No3/8.%20Regime%20durability.pdf