Does Foreign Direct Investment Promote Development?Theodore H. Moran, Edward Montgomery Graham, Magnus Blomström What is the impact of foreign direct investment (FDI) on development? The answer is important for the lives of millions--if not billions--of workers, families, and communities in the developing world. The answer is crucial for policymakers in developing and developed countries, and in multilateral agencies. This volume gathers together the cutting edge of new research on FDI and host country economic performance and presents the most sophisticated critiques of current and past inquiries. It probes the limits of what can be determined from available evidence and from innovative investigative techniques. In addition, the book presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposes new avenues for future research. |
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Page 199
... estimates . Second , in a pure cross - country instrumental variable regression , any unobserved country- specific effect becomes part of the error term , which may bias the coefficient estimates ( as we explain in detail below ) . Thus ...
... estimates . Second , in a pure cross - country instrumental variable regression , any unobserved country- specific effect becomes part of the error term , which may bias the coefficient estimates ( as we explain in detail below ) . Thus ...
Page 238
... estimates of the data using a specification that includes the LDC interactions.10 In this setting , exploiting the panel nature of data does not have a substantial effect on inferences , especially with respect to the FDI variables . As ...
... estimates of the data using a specification that includes the LDC interactions.10 In this setting , exploiting the panel nature of data does not have a substantial effect on inferences , especially with respect to the FDI variables . As ...
Page 240
... estimates of FDI on aggregate investment rates for a panel of two decades , 1970-79 and 1980-89 ( continued ) Seemingly unrelated regressions LDC dummy Random- variable interaction Regressor Expected sign Base effects estimates estimates ...
... estimates of FDI on aggregate investment rates for a panel of two decades , 1970-79 and 1980-89 ( continued ) Seemingly unrelated regressions LDC dummy Random- variable interaction Regressor Expected sign Base effects estimates estimates ...
Contents
RD Activities of Foreign and National | 107 |
Foreign Direct Investment and Local Economic | 137 |
A Critical Survey and a Simple Model | 159 |
Copyright | |
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Does Foreign Direct Investment Promote Development? Theodore Moran,Edward M Graham,Magnus Blomström Limited preview - 2005 |
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affiliates with high Africa autarky average backward linkages benefits Blalock Blomström Blonigen capital China coefficient competition correlation Czech Republic developing countries developing-country domestic firms downstream FDI econometric effects of FDI empirical employment enterprises entry estimates evidence export externalities FDI inflows foreign affiliates Foreign Direct Investment foreign establishments foreign firms foreign investors Foreign ownership group Fred Bergsten Gary Clyde Hufbauer Gertler Global Görg higher host country host economy impact important increase indigenous Indonesian industry inputs intermediate International Economics ISBN Javorcik John Williamson joint ventures Journal Kenya Kokko labor LDCs Lipsey literature manufacturing Marcus Noland measure MNCs Moran multinationals OECD output panel data parents pecuniary externalities percent plants Policy positive productivity spillovers R&D activity R&D intensity random-effects regressions sector share Sjöholm Source statistically studies suppliers survey Table Tanzania technology transfer trade intrafirm Uganda UNCTAD value added variable vertical wages World Bank