@article {Greenaway:February 2007:0378-5920:197, author = "Greenaway, David", author = "Sapsford, David", author = "Pfaffenzeller, Stephan", title = "Foreign Direct Investment, Economic Performance and Trade Liberalisation", journal = "The World Economy", volume = "30", year = "February 2007", abstract = "In a number of influential papers published by V. N. Balasubramanyam and collaborators during the decade of the 1990s, compelling arguments and supporting evidence was presented to indicate that export-promoting trade and investment strategies attract more and more productive inflows of foreign capital than do import-substituting strategies. This paper revisits these hypotheses in the context of more recent cross-section data and reports evidence to suggest that the earlier findings are robust.", pages = "197-210(14)", url = "http://www.ingentaconnect.com/content/bpl/twec/2007/00000030/00000002/art00002" doi = "doi:10.1111/j.1467-9701.2007.00887.x" }