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 average backward linkages benefits Blomström Blonigen capital Carkovic China coefficient companies competition correlation Czech Czech Republic developing countries developing-country Doha Round domestic enterprises domestic firms downstream FDI econometric economic growth effects of FDI employment entry estimates evidence export FDI inflows FDI policies FDI's FIES foreign affiliates Foreign Direct Investment foreign establishments foreign firms foreign investment foreign-owned Fred Bergsten Global Görg higher host country host economy impact important increase indigenous Indonesian industry inputs intermediate International Economics investors ISBN Javorcik John Williamson joint ventures Journal Kenya Kokko labor LDCs Lipsey manufacturing measure ment MNCs Moran multinationals operations output panel data parent pecuniary externalities percent plants positive productivity spillovers R&D activity regressions requirements sector share Sjöholm Source statistically studies suppliers survey Table Tanzania technology transfer Uganda UNCTAD value added variable vertical wages workers World Bank