Does Foreign Direct Investment Promote Development?Theodore Moran, Edward M 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 1-5 of 62
Page 4
... Indonesia shows significant spillovers. Investigating the possibility that foreign investors simply move into high-wage ... Indonesian manufacturing, Lipsey and Sjöholm note that all cross-section studies and three out of four panel data ...
... Indonesia shows significant spillovers. Investigating the possibility that foreign investors simply move into high-wage ... Indonesian manufacturing, Lipsey and Sjöholm note that all cross-section studies and three out of four panel data ...
Page 5
... Indonesian wages and productivity, however, show that this distinction is not crucial. Rather, the diverse results may be attributed, they suggest, to differences in the countries' ability to benefit from FDI, due to varying levels of ...
... Indonesian wages and productivity, however, show that this distinction is not crucial. Rather, the diverse results may be attributed, they suggest, to differences in the countries' ability to benefit from FDI, due to varying levels of ...
Page 7
... Indonesian economy and generate welfare benefits to both firms and consumers. The authors' interviews with Indonesian managers provide a detailed description of the assistance foreign investors offer to local firms. For example, before ...
... Indonesian economy and generate welfare benefits to both firms and consumers. The authors' interviews with Indonesian managers provide a detailed description of the assistance foreign investors offer to local firms. For example, before ...
Page 8
... Indonesian devaluation, exporters with foreign ownership could access credit through their parent company and use the Indonesian economy as a base for expanded production and exports. Exporters with foreign ownership increased capital ...
... Indonesian devaluation, exporters with foreign ownership could access credit through their parent company and use the Indonesian economy as a base for expanded production and exports. Exporters with foreign ownership increased capital ...
Page 25
... Indonesia, which cover a long period and are both detailed and accessible, in order to test the implications of different definitions and methods. The studies we review in this chapter examine the effects of FDI on firms and their ...
... Indonesia, which cover a long period and are both detailed and accessible, in order to test the implications of different definitions and methods. The studies we review in this chapter examine the effects of FDI on firms and their ...
Contents
1 | |
23 | |
What Do Firm Perceptions Tell Us? | 45 |
The Case for Public Intervention | 73 |
Chapter 5 RD Activities of Foreign and National Establishments in Turkish Manufacturing
| 107 |
Beyond Productivity Spillovers | 137 |
A Critical Survey and a Simple Model | 159 |
Gordon H Hanson | 175 |
Findings and Implications for Models and Policies Toward Trade and Investment | 245 |
Marc J Melitz | 273 |
Chapter 11 How Does FDI Affect Host Country Development? Using Industry Case Studies to Make Reliable Generalizations | 281 |
Review and Evaluation | 315 |
Chapter 13 Is Africas Skepticism of Foreign Capital Justified? Evidence from East African Firm Survey Data | 337 |
Robert Z Lawrence | 367 |
Chapter 14 Conclusions and Implications for FDI Policy in Developing Countries New Methods of Research and a Future Research Agenda | 375 |
About the Contributors | 397 |
Michael P Keane | 179 |
Chapter 8 Does Foreign Direct Investment Accelerate Economic Growth? | 195 |
Chapter 9 Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies | 221 |
Index | 405 |
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Common terms and phrases
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