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 78
Page 9
... plants in the same industry. Their simulations suggest that without MNCs the actual number of plants would have been considerably less: depending on the counterfactual, as much as 30 percent less. While admitting that their results are ...
... plants in the same industry. Their simulations suggest that without MNCs the actual number of plants would have been considerably less: depending on the counterfactual, as much as 30 percent less. While admitting that their results are ...
Page 15
... plant, proximity of technology and quality control procedures to the international frontier, speed with which production processes are updated, efficiency of operations, and cost of output. The former subsidiaries have a more positive ...
... plant, proximity of technology and quality control procedures to the international frontier, speed with which production processes are updated, efficiency of operations, and cost of output. The former subsidiaries have a more positive ...
Page 25
... plants from differences in wages for identical workers. Similarly, they cannot distinguish between differential changes in skills between the two ownership groups and differential changes in wages for identical and unchanging workers in ...
... plants from differences in wages for identical workers. Similarly, they cannot distinguish between differential changes in skills between the two ownership groups and differential changes in wages for identical and unchanging workers in ...
Page 26
... plants with higher than average blue-collar wages for their industries, but the margins over the averages were far too small to account for the wage differential between domestically owned and foreign-owned plants. Thus, selectivity in ...
... plants with higher than average blue-collar wages for their industries, but the margins over the averages were far too small to account for the wage differential between domestically owned and foreign-owned plants. Thus, selectivity in ...
Page 27
... plants but must have involved spillovers to domestically owned plants. Their study differed from most others because it concentrated on geographical effects, rather than the effects within the industry of the investment. Indeed, in the ...
... plants but must have involved spillovers to domestically owned plants. Their study differed from most others because it concentrated on geographical effects, rather than the effects within the industry of the investment. Indeed, in the ...
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