On the Welfare Effects of Foreign Investment
Modern growth theory emphasizes endogenous technological change as the engine of growth. A policy implication for developing countries that has been drawn from this theory is that foreign direct investment increases growth. Foreign producers with more advanced technology increase the rate of innovat...
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| Format: | workingPaper |
| Language: | eng |
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2019
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| Online Access: | http://hdl.handle.net/10362/89003 |
| Country: | Portugal |
| Oai: | oai:run.unl.pt:10362/89003 |