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Published in 2019 at "Emerging Markets Finance and Trade"
DOI: 10.1080/1540496x.2019.1644621
Abstract: ABSTRACT Foreign Direct Investment (FDI) and government spending are two important drivers of economic growth. We use Chinese city level data and document an inverse U shape relation between FDI and GDP growth. FDI’s diminishing…
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Keywords:
growth;
growth evidence;
city;
drive economic ... See more keywords