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 63
Page 7
... output, higher profitability, and increased entry in the supplier market. Furthermore, lower supply prices lead to lower prices, increased output, higher profitability, and increased entry throughout the Indonesia economy. The economic ...
... output, higher profitability, and increased entry in the supplier market. Furthermore, lower supply prices lead to lower prices, increased output, higher profitability, and increased entry throughout the Indonesia economy. The economic ...
Page 9
... output, the demand for intermediate products also increases, which allows local suppliers to produce at a more efficient scale, reduces average costs, and lowers prices to all buyers, foreign and domestic. Görg and Strobl's empirical ...
... output, the demand for intermediate products also increases, which allows local suppliers to produce at a more efficient scale, reduces average costs, and lowers prices to all buyers, foreign and domestic. Görg and Strobl's empirical ...
Page 15
... output. The former subsidiaries have a more positive impact on the host country, often accompanied by vertical backward linkages and externalities of the kind noted by Javorcik and Spatareanu as well as Blalock and Gertler. The latter ...
... output. The former subsidiaries have a more positive impact on the host country, often accompanied by vertical backward linkages and externalities of the kind noted by Javorcik and Spatareanu as well as Blalock and Gertler. The latter ...
Page 18
... output ratio is more than three times as high. They are nearly twice as likely to have a formal training program for workers. Foreign firms provide on-site medical care more frequently as well as accident compensation and insurance ...
... output ratio is more than three times as high. They are nearly twice as likely to have a formal training program for workers. Foreign firms provide on-site medical care more frequently as well as accident compensation and insurance ...
Page 24
... output levels. Although this issue has been explored, especially in earlier literature determining whether inward investment or aid supplements or displaces local investment, it is not specific to direct investment. Specific attention ...
... output levels. Although this issue has been explored, especially in earlier literature determining whether inward investment or aid supplements or displaces local investment, it is not specific to direct investment. Specific attention ...
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