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 45
Page 6
... intermediates from Czech enterprises. Javorcik and Spatareanu argue that isolating the extent to which vertical spillovers from foreign firms constitute true externalities is complicated, because there are at least three scenarios for ...
... intermediates from Czech enterprises. Javorcik and Spatareanu argue that isolating the extent to which vertical spillovers from foreign firms constitute true externalities is complicated, because there are at least three scenarios for ...
Page 9
... intermediate products also increases, which allows local suppliers to produce at a more efficient scale, reduces ... intermediate good. On the other hand, they also want to show that the MNC's entry expands the number of backward ...
... intermediate products also increases, which allows local suppliers to produce at a more efficient scale, reduces ... intermediate good. On the other hand, they also want to show that the MNC's entry expands the number of backward ...
Page 13
... intermediate inputs are imported by the foreign affiliate and exported as a processed product. Thus, Melitz argues ... intermediates and reexport finished products back into the parent's supplier chain, with a positive impact on host ...
... intermediate inputs are imported by the foreign affiliate and exported as a processed product. Thus, Melitz argues ... intermediates and reexport finished products back into the parent's supplier chain, with a positive impact on host ...
Page 14
... intermediates. Canadian manufacturing affiliates became more intimately integrated into the MNC's global strategy. Knowledge flows, production coordination, reporting links, and other communication channels expanded both with the US ...
... intermediates. Canadian manufacturing affiliates became more intimately integrated into the MNC's global strategy. Knowledge flows, production coordination, reporting links, and other communication channels expanded both with the US ...
Page 30
... intermediate inputs from abroad or from a parent company involves no technology beyond that of using locally available inputs. These are all assumptions implicit in production function comparisons, but if they are invalid, and locally ...
... intermediate inputs from abroad or from a parent company involves no technology beyond that of using locally available inputs. These are all assumptions implicit in production function comparisons, but if they are invalid, and locally ...
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