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 81
... lower prices in the downstream market . The lower supply prices may induce entry and increase competition so that prices fall in the downstream markets . This increases surplus by lower- ing costs of production and by reducing ...
... lower prices in the downstream market . The lower supply prices may induce entry and increase competition so that prices fall in the downstream markets . This increases surplus by lower- ing costs of production and by reducing ...
Page 82
... lower- priced inputs , firms downstream of that upstream sector will lower prices and increase output , and new firm entry may occur . The stronger demand downstream would , in turn , prompt higher output upstream that would help the ...
... lower- priced inputs , firms downstream of that upstream sector will lower prices and increase output , and new firm entry may occur . The stronger demand downstream would , in turn , prompt higher output upstream that would help the ...
Page 83
... Lower prices Increased output and value added Lower supply prices Supply sector fer indirectly by otherwise unexplained productivity gains . If vertical sup- ply chains are conduits for technology transfer , then one would expect ...
... Lower prices Increased output and value added Lower supply prices Supply sector fer indirectly by otherwise unexplained productivity gains . If vertical sup- ply chains are conduits for technology transfer , then one would expect ...
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