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The Relative Importance of Institutions and Foreign Direct Investment to Economic Growth and Convergence

机译:制度和外国直接投资对经济增长和趋同的相对重要性

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Theoretical models used to form the basis of statistical tests for economic growth convergence are often modeled without regard to international flows of capital. Recent developments have led to the inclusion of foreign direct investment into these models. This paper extends those models by also including political and economic institutions.
机译:经常采用理论模型作为经济增长趋同统计检验的基础,而不考虑国际资本流动。最近的发展已将外国直接投资纳入这些模型。本文还通过包括政治和经济机构来扩展这些模型。

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