Endogenous Determination of FDI Growth and Economic Growth:The OECD Case



of post-secondary education rate of adult population. We consider lagged education levels do
affect FDI inflow and economic growth rate, that is, it takes time for human capital to affect
FDI and economic growth. As Barro-Lee Dataset education statistics are for five-year
periods, we did take five-year lagged values of this variable.

Before starting to our analysis, we undertake alternative unit root tests of series in order
to avoid “artificial regression” problem. There are different approaches to unit root tests. Our
results with these alternative approaches are shown in Annex C. Unit root test results prove
that our series are stationary series, i.e., they do not involve unit root problem. The following
table shows the estimation results of our simultaneous equation system which was estimated
by diverse econometric models.



More intriguing information

1. The name is absent
2. Solidaristic Wage Bargaining
3. Influence of Mucilage Viscosity On The Globule Structure And Stability Of Certain Starch Emulsions
4. An Efficient Circulant MIMO Equalizer for CDMA Downlink: Algorithm and VLSI Architecture
5. DISCRIMINATORY APPROACH TO AUDITORY STIMULI IN GUINEA FOWL (NUMIDA MELEAGRIS) AFTER HYPERSTRIATAL∕HIPPOCAMP- AL BRAIN DAMAGE
6. Surveying the welfare state: challenges, policy development and causes of resilience
7. The name is absent
8. A Study of Adult 'Non-Singers' In Newfoundland
9. Learning and Endogenous Business Cycles in a Standard Growth Model
10. Cultural Diversity and Human Rights: a propos of a minority educational reform