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. |
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Results 1-5 of 51
Page xii
... correlation. Can these opposing findings be reconciled? Part II concludes with a synthesis showing that the solution lies in examining whether increases in FDI and trade take place together in the countries included in the sample. The ...
... correlation. Can these opposing findings be reconciled? Part II concludes with a synthesis showing that the solution lies in examining whether increases in FDI and trade take place together in the countries included in the sample. The ...
Page 4
... correlation. Instead, their findings show that a link between the multinational corporation's presence and the higher domestic wage persists even as the geographical and industry breakdowns become finer. With respect to productivity ...
... correlation. Instead, their findings show that a link between the multinational corporation's presence and the higher domestic wage persists even as the geographical and industry breakdowns become finer. With respect to productivity ...
Page 7
... correlated with higher productivity of domestic firms in the supplier industries. However, the “cherry picking” scenario would not necessarily involve externalities. Garrick Blalock and Paul J. Gertler In chapter 4, Garrick Blalock and ...
... correlated with higher productivity of domestic firms in the supplier industries. However, the “cherry picking” scenario would not necessarily involve externalities. Garrick Blalock and Paul J. Gertler In chapter 4, Garrick Blalock and ...
Page 12
... correlated with above (historical) average growth rates. Even in the version of their analysis using the ABBB estimator, Carkovic and Levine's dismissal of the link between FDI and growth comes only after they introduce controls for ...
... correlated with above (historical) average growth rates. Even in the version of their analysis using the ABBB estimator, Carkovic and Levine's dismissal of the link between FDI and growth comes only after they introduce controls for ...
Page 13
... correlated with growth—increases in FDI that come along with increases in trade lead to higher rates of increase in ... correlation is not driven by unobserved country characteristics.6 Why do changes in FDI that are not accompanied by ...
... correlated with growth—increases in FDI that come along with increases in trade lead to higher rates of increase in ... correlation is not driven by unobserved country characteristics.6 Why do changes in FDI that are not accompanied by ...
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