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

机译:机构和外国直接投资对经济增长和融合的相对重要性

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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:用于构成经济增长趋同统计测试的理论模型通常在不考虑到国际资本流动的情况下进行建模。最近的发展导致将外国直接投资列入这些模型。本文还通过政治和经济机构延长了这些模型。

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