Does Foreign Direct Investment Promote Development?Theodore H. Moran, Edward Montgomery Graham, Magnus Blomstrom, 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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Wage spillovers could be negative if , for example , the foreignowned firms hired the best workers , at their going - or higher - wages , leaving only lower - quality workers at the domestically owned firms .
Other subsequent studies have reported more evidence that wage spillovers occur . Figlio and Blonigen ( 2000 ) concluded that the effect of a large new foreign investment in South Carolina on aggregate wage levels was so large that it ...
Takii ( 2001 ) was the first study on spillovers in Indonesia that used panel data , which allowed him to control for plant - specific effects . He examined spillovers during 1990–95 using a translog production function and found ...
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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 |