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. |
From inside the book
Results 1-3 of 90
One problem with this measure is that the foreign share of a sector might be endogenously determined if productivity spillovers expand activity in local firms . Moreover , this measure assumes that increases of foreign and aggregate ...
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 .
Figure 6.1 Evolution of actual and incumbent multinational employment share , 1972-2000 percent 50 Share of actual multinationals 40 1972 share 30 Share of incumbent multinationals 20 10 1972 1979 1986 1993 2000 Source : Authors ...
What people are saying - Write a review
Contents
RD Activities of Foreign and National | 107 |
Foreign Direct Investment and Local Economic | 137 |
Comment | 175 |
Copyright | |
11 other sections not shown
Other editions - View all
Does Foreign Direct Investment Promote Development? Theodore Moran,Edward M Graham,Magnus Blomström Limited preview - 2005 |