Does Foreign Direct Investment Promote Development?Theodore H. Moran, Magnus Blomstrom, 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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There are several general issues that run through almost all the wage studies . One issue is that wage levels are calculated as total wages or total compensation per worker , but the only measure of skill is a division between ...
Two basic issues - censoring and selection bias - need to be addressed concerning the data ( Baltagi 2001 , chapter 11 ; Greene 2003 , chapter 22 ) . The censoring issue arises in the case of censored observations in R & D in the ...
Finally , we examine the issue of whether FDI negatively or positively affects ( i.e. , crowds out or crowds in ) domestic investment . The evidence may suggest that no significant differences exist and that pooling data across DCs and ...
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Contents
RD Activities of Foreign and National | 107 |
Foreign Direct Investment and Local Economic | 137 |
Comment | 175 |
Copyright | |
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Does Foreign Direct Investment Promote Development? Theodore Moran,Edward M Graham,Magnus Blomström Limited preview - 2005 |