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Globalization, democratization and economic growth

By Dario Maimone Ansaldo Patti and Pietro Navarra


Using a two-equations model we estimate whether and to what extent the interplay between FDI and democratization affects economic growth. Two results emerge. First, endogenous FDI impact significantly on economic growth. Second democracy is a substantive predictor of both FDI and growth

Topics: HB Economic Theory
Publisher: Taylor & Francis
Year: 2009
DOI identifier: 10.1080/13504850701221840
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Provided by: LSE Research Online
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