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 196
... growth ( Boyd and Smith 1992 ) . Thus , theory produces ambiguous predictions about the growth effects of FDI , and some models suggest that FDI will promote growth only under certain policy conditions . Firm - level studies of ...
... growth ( Boyd and Smith 1992 ) . Thus , theory produces ambiguous predictions about the growth effects of FDI , and some models suggest that FDI will promote growth only under certain policy conditions . Firm - level studies of ...
Page 203
... 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 , so that it equals 1960 in the pure cross - country analyses and ...
... 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 , so that it equals 1960 in the pure cross - country analyses and ...
Page 211
... growth and FDI when allowing for FDI's impact on growth to depend on the level of income per capita does not exist . " Table 8.5 assesses whether the level of financial development in the recip- ient country influences the growth - FDI ...
... growth and FDI when allowing for FDI's impact on growth to depend on the level of income per capita does not exist . " Table 8.5 assesses whether the level of financial development in the recip- ient country influences the growth - FDI ...
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 |
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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 FDI inflows foreign affiliates Foreign Direct Investment foreign establishments foreign firms foreign investors Foreign ownership group Fred Bergsten Gary Clyde Hufbauer 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 multinational corporation multinationals OECD output panel data parents pecuniary externalities percent plants Policy positive productivity spillovers R&D activity R&D intensity regressions SAN DIEGO sector share Sjöholm Source statistically studies suppliers survey Table Tanzania technology transfer Uganda UNCTAD University value added variable vertical wages World Bank