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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We also use time dummy variables for each five - year period to account for period - specific effects , though these are omitted from the equations in the text . We can thus rewrite equation 8.2 : Yine = ay 1,1-1 + B'X , + ni + Ej ...
To assess the link between international capital flows and economic growth and its sources , we control for other growth determinants : Initial income per capita equals the logarithm of real per capita GDP at the start of each period ...
Figure 10.2a shows the wage growth in affiliates with high and low IFT to other affiliates for the three time periods given in tables 10.2a through 10.2c ( i.e. , 1983–86 , 1989–91 , and 1993–96 ) . Note that the real wages of lowtrade ...
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Contents
RD Activities of Foreign and National | 107 |
Foreign Direct Investment and Local Economic | 137 |
Comment | 175 |
Copyright | |
11 other sections not shown
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Does Foreign Direct Investment Promote Development? Theodore Moran,Edward M Graham,Magnus Blomström Limited preview - 2005 |