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 142
... productivity spillovers usually comprises an econometric analysis in which labor productivity or total factor productiv- ity in domestic firms is regressed on a number of independent variables assumed to have an effect on productivity ...
... productivity spillovers usually comprises an econometric analysis in which labor productivity or total factor productiv- ity in domestic firms is regressed on a number of independent variables assumed to have an effect on productivity ...
Page 176
... productivity and for wages — is not very informative . It does not reveal whether FDI raises productivity or whether multinationals are attracted to regions or industries in which domestic firms are more productive or workers are more ...
... productivity and for wages — is not very informative . It does not reveal whether FDI raises productivity or whether multinationals are attracted to regions or industries in which domestic firms are more productive or workers are more ...
Page 184
... productivity enhancement , since the two have very different welfare implications . Next , I focus on an issue that is more specific to the literature on esti- mating FDI spillover effects : FDI is likely to be endogenous . One key ...
... productivity enhancement , since the two have very different welfare implications . Next , I focus on an issue that is more specific to the literature on esti- mating FDI spillover effects : FDI is likely to be endogenous . One key ...
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 externalities 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