A study on the moderating role of national absorptive capacity between institutional quality and FDI inflow: evidence from developing countries
Journal: Economic Research-Ekonomska Istraživanja
Year: 2022

Numerous studies on foreign direct investment (FDI) as a prime element of capital flow and external finance contribute to foreign physical stock of capital, knowledge spillovers, transfer of technology, and recipient countries’ employment. Developing economies need FDI to boost their economic growth. This study explores the moderating role of national absorptive capacity between FDI inflow and institutional quality (control of corruption, government effectiveness, political stability and the abs