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. |
From inside the book
Results 1-3 of 87
Page 31
... measure of FDI and some functional form for its effects . The studies ' greatest advantage is that they tend to ... measure of production . The use of pro- duction functions requires measures of capital input , which are often missing ...
... measure of FDI and some functional form for its effects . The studies ' greatest advantage is that they tend to ... measure of production . The use of pro- duction functions requires measures of capital input , which are often missing ...
Page 37
... measure assumes that increases of foreign and aggregate activity in the same pro- portion have no effect on local ... measure , produc- tivity spillover studies still differ in how this share is constructed . Some measure it as the ...
... measure assumes that increases of foreign and aggregate activity in the same pro- portion have no effect on local ... measure , produc- tivity spillover studies still differ in how this share is constructed . Some measure it as the ...
Page 94
... measure , downstream FDI is somewhat more complicated . In principle , we would like to measure the share of a firm's output that is sold to foreign - owned firms . However , we would then worry about the endogeneity of a particular ...
... measure , downstream FDI is somewhat more complicated . In principle , we would like to measure the share of a firm's output that is sold to foreign - owned firms . However , we would then worry about the endogeneity of a particular ...
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 |
Common terms and phrases
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