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 9
... externalities - productivity spillovers or improvements in domestic establishments ' productivity — is too narrow . Quite apart from technological externalities , multinationals can affect indigenous performance through " pecuniary ...
... externalities - productivity spillovers or improvements in domestic establishments ' productivity — is too narrow . Quite apart from technological externalities , multinationals can affect indigenous performance through " pecuniary ...
Page 143
... pecuniary externalities , given that MNCs may increase demand for domes- tically produced supplies . Markusen and Venables ( 1999 ) show formally that multinationals can change the structure of imperfectly competitive indus- tries in ...
... pecuniary externalities , given that MNCs may increase demand for domes- tically produced supplies . Markusen and Venables ( 1999 ) show formally that multinationals can change the structure of imperfectly competitive indus- tries in ...
Page 154
... externalities . We argue that this focus neglects other important sources and channels for spillovers from multinationals . Multinationals benefit indigenous firms through not only technological externalities but pecuniary externalities ...
... externalities . We argue that this focus neglects other important sources and channels for spillovers from multinationals . Multinationals benefit indigenous firms through not only technological externalities but pecuniary externalities ...
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 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