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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country plant's average cost of production . This may have implications for the survival of domestic plants , as we discuss in Görg and Strobl ( 2003 ) . Audretsch ( 1991 , 1995 ) argues that the probability of plant i remaining in ...
pecuniary externalities that benefit indigenous plants . The expanded market size may allow indigenous plants to grow faster than in the previously smaller market . Second , technological externalities may improve the performance of ...
In estimating equation 6.5 we used a fixed - effects estimator that purges the plant - specific , time - invariant effects ... Furthermore , we reduce our sample to observations from continuing plants , as in Hart and Oulton ( 1996 ) .
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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 |