Does Foreign Direct Investment Promote Development?
Theodore Moran, Edward M Graham, Magnus Blomström
Columbia University Press, Apr 15, 2005 - Business & Economics - 440 pages
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.
Why Such Different Answers?
What Do Firm Perceptions Tell Us?
The Case for Public Intervention
Chapter 5 RD Activities of Foreign and National Establishments in Turkish Manufacturing
Beyond Productivity Spillovers
A Critical Survey and a Simple Model
Gordon H Hanson
Findings and Implications for Models and Policies Toward Trade and Investment
Marc J Melitz
Chapter 11 How Does FDI Affect Host Country Development? Using Industry Case Studies to Make Reliable Generalizations
Review and Evaluation
Chapter 13 Is Africas Skepticism of Foreign Capital Justified? Evidence from East African Firm Survey Data
Robert Z Lawrence
Chapter 14 Conclusions and Implications for FDI Policy in Developing Countries New Methods of Research and a Future Research Agenda
About the Contributors
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affiliates with high Africa autarky average backward linkages benefits Blomström Blonigen capital China coefficient competition correlation country’s 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 Forfás global Görg higher host country host economy impact important increase indigenous Indonesian industry inputs intermediate International Economics intrafirm trade Javorcik joint ventures Journal Kenya Kokko labor LDCs Lipsey literature manufacturing measure MNCs Moran multinational corporation multinationals OECD OLS Panel OLS output panel data Panel OLS Panel parents pecuniary externalities percent plants 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