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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... presence variables Blomström 1991 Value added Output Capital and per ( five - digit White / blue Sjöholm employee level ) Capital ( 1999 ) utilization Scale Independent dummies Sjöholm 1980 , 1991 Growth in Output Employment ( 1999 ) ...
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 factory's decision to sell to multinational customers .
Output and Value Added We next consider output and value added . Because these outcomes are measured at the firm level , we can estimate the effect of FDI separately on domestic and foreign firms . We first look at domestic firms .
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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 |