Download or read book Human Capital and Inward FDI written by Magnus Blomström and published by . This book was released on 2003 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effect of Human Capital on Inwards FDI written by Artane Rizvanolli and published by . This book was released on 2012 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: A country's human capital has been neglected as a potential determinant of inwards foreign direct investment (FDI), both in theory and empirical research. When human capital has been included in models of the determinants of FDI, it appears simply as a control variable or one of the variables in a "kitchen sink" approach, usually without any theoretical rationale for its inclusion or critical discussion of the measures used. The mis-specification that may result from this is advanced as one of the potential explanations for the very diverse findings in previous literature and the failure of the meta-regression analysis (MRA) reported in this thesis to find an 'authentic' effect of human capital on inwards FDI. Accordingly, this research seeks to fill this gap, by identifying the mechanism through which human capital is expected to attract! FDI to European transition economies and drawing conclusions about the most appropriate measures of human capital given the characteristics of the former communist (education) system. The ' productivity-enhancing' skills and traits that (foreign) investors are likely to value in such economies are identified and the manner in which these skills are developed is analysed. In the light of this analysis the conventional human capital measures used in empirical analyses are critically assessed. These contributions are used to develop an empirical model for estimating the effect of human capital on inwards FD[ at country-, sector- and industry-level in 12 European transition economies during the period 1995-2008. Consistent with the results of previous studies. as suggested by the MRA, no significant effect of traditional volume measures of human capital on FDI inflows/stocks/stocks is found. However, some evidence is presented in this thesis indicating that the quality dimension of human capital as measured by cognitive skills proxies may affect inwards 1--"01 in the manufacturing sector. Accordingly, several potential explanations for the findings and some of their implications for future macro-level research focusing on the effects of human capital are explored.
Download or read book The Impact of Inward FDI on the Management of Human Capital Development in Developing Countries written by Abdulmohsen Alalshiekh and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inward Foreign Direct Investment Economic Growth and Human Capital written by Hang Le and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the impact of human capital on the relationship between inward foreign direct investment and economic growth in ASEAN and Latin America during 1975-1995. We test two hypotheses. First, we hypothesise that there is a two-way relationship between economic growth and FDI. Second, we hypothesise that human capital is a positive factor that facilitates this relationship as it could improve the contribution of FDI to economic growth, especially FDI's contribution to productive capacity and to the shift toward technology-intensive and value-added production and exports, and it helps the country to attract more FDI and could help to attract the types of FDI that promote higher economic growth. We test the hypotheses using simultaneous equation for panel data for the ASEAN and Latin American countries during 1975-1995. The empirical results do not reject the hypotheses. Human capital is found to be a positive factor in the two-way relationship between growth and FDI in the ASEAN countries during 1975-1995. We use three proxies for human capital and find that real public spending on education and labour productivity are positive factors that enhance the contribution of FDI to economic growth. Meanwhile education attainment weighted by earnings of educational groups is a positive determinant of FDI.
Download or read book The Effect of Human Capital on FDI Inflows Evidence Form Internationally Standardized Testing written by Ikeoluwapo Oyenuga and published by . This book was released on 2012 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few empirical studies have been conducted to support the argument that countries with stronger human capital attract more foreign direct investment. Where available, these studies use quantitative measures of education attainment that do not account for varying quality of education systems across countries. Using four years of test score data from the Programme for International Student Assessment conducted in a sample of middle-to-high income countries, this paper tests the hypothesis that the quality of human capital affects the amount of foreign direct investment a country attracts. The empirical results show a statistically significant negative correlation between test scores and inward foreign direct investment, suggesting that countries that perform better on the test receive less foreign direct investment, on average.
Download or read book The Role of Human Capital on Foreign Direct Investment Inflows written by Mohammad Sharif Karimi and published by LAP Lambert Academic Publishing. This book was released on 2012-02 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: Foreign Direct Investment (FDI) and Human Capital (HC) are two areas of paramount importance to the economic growth and prosperity of any developed nation. While FDI and HC individually affect growth, they also reinforce and complement each other with varying effects. Not only have these topics been widely studied, they have also been the inspiration and focal point of two substantial bodies of literature. However, the links between these two engines of growth have been less explored. FDI inflows into developed countries over the past two decades are significantly higher than what developing countries receive and there is a huge gap between them. One of the characteristics of rich industrial economies is the availability of a workforce with a high level of HC. Whether HC has been the key driver of FDI or vice-versa is still a matter of debate.
Download or read book How Does Foreign Direct Investment Affect Economic Growth written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 1994-09-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms.
Download or read book The Impact of Human Capital and Skill Availability On Attraction of Foreign Direct Investment FDI Into Regions Within Developing Economies written by Arkadiusz Mironko and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: When making a strategic location choice multinational corporations (MNCs) examine a number of conditions which influence the investment before settling on the location choice that includes human capital and availability of a skilled workforce. This paper will test the importance of the relationship between geographic distribution and clustering of foreign firms and the influence of human capital and skill present in the regions, generally represented by major cities, on the location choice strategy and innovation activity of foreign investors across regions in the host economy of a developing nation.Testing the data on the location of foreign firms and skilled workforce (among other factors) in the regions across Poland, this study finds that a higher level of presence of skilled workforce in the regions tends to attract higher value-added and service-related foreign subsidiaries into them hence, furthering the development of the host cities and regions.Also, the industries with higher amounts of foreign investment tend to narrow their industrial specialization, in some regions including also smaller regions such as Podkarpackie, while Mazowieckie (the leading region) continues to attract higher value-added and service FDI despite the highest labor cost.
Download or read book Foreign Direct Investment and Human Capital written by Nabamita Dutta and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Domestic human capital is definitely a determinant of foreign direct investment (FDI) inflows for the developing world. Yet, the contribution of human capital will depend to a great extent on the institutional framework of a nation. Good political (civil) rights favor human capital to reap the benefits of FDI inflows more efficiently. Our paper show that the interlinkages between FDI, human capital and political (civil) rights play a very important role in explaining FDI inflows to developing countries. Using a panel of 76 developing countries, we show that human capital can have both linear and non-linear impact on FDI inflows. Unskilled human capital is always needed to attract FDI into a country and the linear positive association is enhanced by the presence of good political (civil) rights. Yet, skilled human capital may have both a concave and a convex association with FDI inflows, depending on the level of political (civil) rights of the country.
Download or read book Leveraging Foreign Direct Investment for Sustainability written by Fisayo Fagbemi and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper assesses the interconnections between FDI and human capital development in Nigeria over the period 1981-2018. The analysis is carried out with the use of both non-linear autoregressive distributed lag (NARDL) and linear ARDL bounds test approach to cointegration, and VECM Granger causality technique. Findings reveal that the effect of FDI on human capital is found to be insignificant in the long run, while it is significant in the short run. However, following the asymmetric link, the empirical evidence reveals that a rise in FDI inflows to a certain rate, in the long-run, could result in a significant increase in the level of human capital development, suggesting that the magnitude of inward FDI matters in the economy. This further implies that as FDI inflows require sound technical know-how, and more skilled labour to work with or adapt to more advanced technologies, such could draw attention to improved human capital. Results also indicate that there is unidirectional causality between FDI and human capital in the long run, which runs from human capital to FDI, suggesting that the quality of human capital matters for sustainable leverage and attractiveness of FDI inflows. By implication, it is critical to adopt policy measures that could engender the sustainable development of human capital by the government, while the underlying structural bottlenecks and protracted state of insecurity that could deter foreign investors are accorded significant attention.
Download or read book FDI Spillovers Absorptive Capacities and Human Capital Development written by Rajneesh Narula and published by . This book was released on 2003 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is nowadays generally accepted that inward foreign direct investment (FDI) is crucial as a source of technological spillovers. One of the objectives of this paper is to review the evidence on the quantity and quality of human capital employed by domestic and foreign firms. We examine whether spillovers accrue from MNE activity, and provide a preliminary understanding of why MNE spillovers remain somewhat ambiguous, particularly in developing countries, paying particular attention to human capital development. Our analysis is supported by data from the Innovation Survey in Argentina. On the whole, MNE subsidiaries hired more professionals than domestic firms of the same size, possessed a more skilled labour force overall, and spent more on training than similar domestic firms. Subsidiaries in Argentina effectively have a higher labour productivity and pay higher wages. Yet, in terms of knowledge creation and utilisation, there was little to differentiate affiliates from domestic firms. While there is little evidence of widespread FDI spillovers, where spillovers did occur, it was where domestic firms demonstrated high investment in absorptive capacities. Our analysis also suggests that much of MNE activity - particularly after liberalisation - has been of the kind that by definition has limited opportunities for linkages and spillovers. These are activities in which MNEs may simply be able to generate economic rent from their superior knowledge of markets, and their ability to efficiently utilise their multinational network of affiliates. These assets are not generally easily spilled over to domestic firms.
Download or read book Human Capital Formation and Foreign Direct Investment in Developing Countries written by Koji Miyamoto and published by . This book was released on 2003 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Interaction Between Human Capital Foreign Direct Investment and Growth written by David Latto and published by . This book was released on 2005 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Role of Human Capital in Foreign Direct Investment Flows to Developing Countries written by Salisu Momoh and published by . This book was released on 2011 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inward Investment Technological Change and Growth written by N. Pain and published by Springer. This book was released on 2000-12-06 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of papers from the NIESR conference at the British Academy identifies the channels through which inward investment can affect host economies, and provides quantitative evidence on the extent to which inward investment has acted to shape the size and structure of industrialised economies over the last decade. Leading authors in the fields of international investment and the behaviour of national and multinational firms combine innovative methodologies and firm-level data to enable empirical evaluation of the impact of inward investment. Detailed studies of aspects of inward investment in the UK are put into context through a review of existing literature and by comparison of UK developments to those experienced by French, Italian, German and US economies.
Download or read book FDI Led Growth and Human Capital written by Jassodra Maharaj and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contribution explores the role of Foreign Direct Investment (FDI) in growth led economic development. We examine factors which are explanatory to the absorption of FDI into the domestic economy, particularly we focus upon the importance of Human Capital as a vector for absorption. This study aims to investigate whether FDI has a positive impact on growth in a selected group of countries from Asia, Africa and Latin America using a panel data regression model analytical approach. A panel data analysis is conducted for 26 countries, mainly emerging and newly industrializing countries, in order to examine the effects of FDI on economic growth. We then discuss the degree of Human Capital linkage within the three different regions. Broadly we find support that FDI does lead to growth, all be it, with a temporal delay. We further illustrate that by trying to measure FDI absorption, we show that there is a positive relationship, in one direction only, between human capital accumulation and absorption at a statistically significant level.
Download or read book FDI and Human Capital written by and published by . This book was released on 2002 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
