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Foreign Trade Regimes and the FDI-Growth Nexus: A Case Study of Thailand

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Date

2003

Authors

Kohpaiboon, Archanun

Journal Title

Journal ISSN

Volume Title

Publisher

Frank Cass & Co Ltd

Abstract

This article examines the role of trade policy regimes in conditioning the impact of foreign direct investment (FDI) on growth performance in investment receiving (host) countries through a case study of Thailand. The methodology involves estimating a growth equation, which provides for capturing the impact of FDI interactively with economic openness on economic growth, using data for the period 1970-99. The results support the 'Bhagwati' hypothesis that, other things being equal, the growth impact of FDI tends to be greater under an export promotion (EP) trade regime compared to an import-substitution (IS) regime.

Description

Keywords

Keywords: economic growth; export led development; foreign direct investment; investment location; trade policy; Asia; Eurasia; Southeast Asia; Thailand

Citation

URI

http://hdl.handle.net/1885/74032

Collections

ANU Research Publications

Source

Journal of Development Studies

Type

Journal article

Book Title

Entity type

Access Statement

License Rights

DOI

10.1080/00220380412331293767

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