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 196
... growth ( Boyd and Smith 1992 ) . Thus , theory produces ambiguous predictions about the growth effects of FDI , and some models suggest that FDI will promote growth only under certain policy conditions . Firm - level studies of ...
... growth ( Boyd and Smith 1992 ) . Thus , theory produces ambiguous predictions about the growth effects of FDI , and some models suggest that FDI will promote growth only under certain policy conditions . Firm - level studies of ...
Page 203
... growth and its sources , we control for other growth determinants : Initial income per capita equals the logarithm of real per capita GDP at the start of each period , so that it equals 1960 in the pure cross - country analyses and ...
... growth and its sources , we control for other growth determinants : Initial income per capita equals the logarithm of real per capita GDP at the start of each period , so that it equals 1960 in the pure cross - country analyses and ...
Page 219
... growth . Fourth , we examined whether FDI affects productivity growth using the Easterly and Levine ( 2001 ) measure of total factor productivity ( TFP ) . We found that FDI does not exert a robust impact on TFP . Fifth , we examined ...
... growth . Fourth , we examined whether FDI affects productivity growth using the Easterly and Levine ( 2001 ) measure of total factor productivity ( TFP ) . We found that FDI does not exert a robust impact on TFP . Fifth , we examined ...
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