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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Empirical studies provide strong evidence of a wage premium in foreignowned firms ( Lipsey 2004 ) . Foreign firms pay higher employee wages in both developed and developing countries , after controlling for firmspecific characteristics ...
Other subsequent studies have reported more evidence that wage spillovers occur . ... foreign investment in South Carolina on aggregate wage levels was so large that it could not have been solely the result of the high employee wages in ...
Theodore H. Moran, Magnus Blomstrom, Edward Montgomery Graham, Magnus Blomström. Wage , Employment , and PPE Growth of High- Versus Low - Trade Affiliates Figures 10.2a through 10.2c show the growth in real wages for the highand ...
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Contents
RD Activities of Foreign and National | 107 |
Foreign Direct Investment and Local Economic | 137 |
Comment | 175 |
Copyright | |
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Does Foreign Direct Investment Promote Development? Theodore Moran,Edward M Graham,Magnus Blomström Limited preview - 2005 |