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1、本科毕业论文外文翻译外文题目:Impactofforeigndirectinvestmentandtradeoneconomicgrowth:evidencefromdevelopingcountries出处:AmericanJournalofAgriculturalEconomics,Vol.86Issue3作者:Makki,ShivaS.,Somwaru,Agapi原文:IMPACTOFFOREIGNDIRECTINVESTMENTANDTRADEONECONOMICGROWTH:EVIDENCEFROMDEVELOPINGCOUN
2、TRIESForeigndirectinvestment(FDI)andtradeareoftenseenasimportantcatalystsforeconomicgrowthinthedevelopingcountries.FDIisanimportantvehicleoftechnologytransferfromdevelopedcountriestodevelopingcountries.FDIalsostimulatesdomesticinvestmentandfacilitatesimprovementsinhumanc
3、apitalandinstitutionsinthehostcountries.Internationaltradeisalsoknowntobeaninstrumentofeconomicgrowth(Romer).TradefacilitatesmoreefficientproductionofgoodsandservicesbyshiftingproductiontocountriesthathavecomparativeadvantageinproducingThem.EventhoughpaststudiesshowthatF
4、DIandtradehaveapositiveimpactoneconomicgrowth,thesizeofsuchimpactmayvaryacrosscountriesdependingonthelevelofhumancapital,domesticinvestment,infrastructure,macroeconomicstability,andtradepolicies.TheliteraturecontinuestodebatetheroleofFDIandtradeineconomicgrowthaswellasth
5、eimportanceofeconomicandinstitutionaldevelopmentsinfosteringFDIandtrade.ThisarticleanalyzestheroleofFDIandtradeinpromotingeconomicgrowthacrossselecteddevelopingcountriesandtheinteractionamongFDI,trade,andeconomicgrowth.Weexaminedatafromsixty-sixdevelopingcountriesoverthe
6、lastthreedecades.Ourresults14suggestthatFDI,trade,humancapital,anddomesticinvestmentareimportantsourcesofeconomicgrowthfordevelopingcountries.WefindastrongpositiveinteractionbetweenFDIandtradeinadvancingeconomicgrowth.OurresultsalsoshowthatFDIstimulatesdomesticinvestment
7、.ThecontributionofFDItoeconomicgrowthisenhancedbyitspositiveinteractionwithhumancapitalandsoundmacroeconomicpolicies.MethodologyandDataOureconometricmodelisderivedfromaproductionfunctioninwhichthelevelofacountry’sproductivitydependsonFDI,trade,domesticinvestment,humancap
8、ital,andinitialgrossdomesticproduct(GDP)percapita.Themodelisbasedonendogenousgrowththeory,inthetraditio