外文翻译 fdi和贸易对经济增长的影响来自发展中国家的实证分析学位论文.docVIP

中文3415字 本科毕业论文外文翻译 外文题目： Impact of foreign direct investment and trade on economic growth:evidence from developing countries 出 处： American Journal of Agricultural Economics, Vol. 86 Issue 3 作 者： Makki, Shiva S.,Somwaru, Agapi 原 文： IMPACT OF FOREIGN DIRECT INVESTMENT AND TRADE ON ECONOMIC GROWTH: EVIDENCE FROM DEVELOPING COUNTRIES Foreign direct investment (FDI) and trade are often seen as important catalysts for economic growth in the developing countries. FDI is an important vehicle of technology transfer from developed countries to developing countries. FDI also stimulates domestic investment and facilitates improvements in human capital and institutions in the host countries. International trade is also known to be an instrument of economic growth (Romer). Trade facilitates more efficient production of goods and services by shifting production to countries that have comparative advantage in producing Them. Even though past studies show that FDI and trade have a positive impact on economic growth, the size of such impact may vary across countries depending on the level of human capital, domestic investment, infrastructure, macroeconomic stability, and trade policies. The literature continues to debate the role of FDI and trade in economic growth as well as the importance of economic and institutional developments in fostering FDI and trade. This article analyzes the role of FDI and trade in promoting economic growth across selected developing countries and the interaction among FDI, trade, and economic growth. We examine data from sixty-six developing countries over the last three decades. Our results suggest that FDI, trade, human capital, and domestic investment are important sources of economic growth for developing countries. We find a strong positive interaction between FDI and trade in advancing economic growth. Our results also show tha