Memorandum,
Oslo University, Department of Economics

Abstract: A two-country (North-South) endogenous-growth model is constructed where foreign direct investment (FDI) acts as the conduit of cross-border knowledge spillovers and learning.

Keywords: ECONOMIC GROWTH; WAGES; INVESTMENTS

JEL-codes: F43; F12; O15; O41; F13; F21

58 pages, 1996

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