Distributional Consequences of Direct Foreign Investment

Distributional Consequences of Direct Foreign Investment PDF Author: Robert H. Frank
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 184

Get Book Here

Book Description
Distributional Consequences of Direct Foreign Investment.

Distributional Consequences of Direct Foreign Investment

Distributional Consequences of Direct Foreign Investment PDF Author: Robert H. Frank
Publisher: Academic Press
ISBN: 1483271536
Category : Business & Economics
Languages : en
Pages : 170

Get Book Here

Book Description
Distributional Consequences of Direct Foreign Investment examines the net effect of direct foreign investment (DFI) on both U.S. employment demand in the short run and on the level and distribution of domestic income in the long run. Topics covered range from measurement of home-foreign substitution to the employment impact of DFI and the long-run distributional consequences of overseas investment. Short-run labor market adjustments to unemployment resulting from overseas production transfers are also discussed. Comprised of nine chapters, this volume begins with a survey of existing studies of the DFI phenomenon that critically evaluates the question of what firms would or could have done in the absence of a DFI alternative. The reader is then introduced to an alternative framework within which to estimate the degree of substitutability of home for foreign production. This framework consists of a microeconomic model of the multinational firm as it operates under two alternative policy regimes, one of which places no restrictions on the firm's activities and the second denies it the option of establishing a foreign production subsidiary. Input-output techniques, together with information on substitutability, are used to obtain estimates of the net employment impact of DFI. A probabilistic model of an industry labor market is also presented. In addition, the book analyzes the effect of technology transfer through licensing on the size and composition of domestic income. This monograph will be useful to practitioners who employ econometrics and mathematical economics.

The Distributional Consequences of Direct Foreign Investment

The Distributional Consequences of Direct Foreign Investment PDF Author: Robert H. Frank
Publisher:
ISBN:
Category : Corporations, American
Languages : en
Pages : 53

Get Book Here

Book Description


What is the Impact of International Remittances on Poverty and Inequality in Latin America?

What is the Impact of International Remittances on Poverty and Inequality in Latin America? PDF Author:
Publisher: World Bank Publications
ISBN:
Category : Debt Markets
Languages : en
Pages : 36

Get Book Here

Book Description
Workers' remittances have become a major source of income for developing countries. However, little is still known about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results are robust to the use of different instruments that attempt to correct for the potential endogeneity of remittances. Household survey-based estimates for 10 LAC countries confirm that remittances have negative albeit relatively small inequality and poverty-reducing effects, even after imputations for the potential home earnings of migrants.

Foreign Direct Investment Statistics How Countries Measure FDI

Foreign Direct Investment Statistics How Countries Measure FDI PDF Author: OECD
Publisher: OECD Publishing
ISBN: 1589062205
Category :
Languages : en
Pages : 169

Get Book Here

Book Description
Foreign Direct Investment Statistics: How Countries Measure FDI shows progress in recent years in moving toward compilation in accordance with international standards that have been established by the International Monetary Fund (IMF) and the ...

International Friction and Cooperation in High-Technology Development and Trade

International Friction and Cooperation in High-Technology Development and Trade PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309057299
Category : Political Science
Languages : en
Pages : 451

Get Book Here

Book Description


Foreign Direct Investment and the Chinese Economy

Foreign Direct Investment and the Chinese Economy PDF Author: Chunlai Chen
Publisher: Edward Elgar Publishing
ISBN: 1785369733
Category : China
Languages : en
Pages : 201

Get Book Here

Book Description
Foreign Direct Investment and the Chinese Economy provides a comprehensive overview of the impact of foreign direct investment, with extensive empirical evidence, on the Chinese economy over the last three and a half decades.

How Does Foreign Direct Investment Affect Economic Growth

How Does Foreign Direct Investment Affect Economic Growth PDF Author: Mr.Eduardo Borensztein
Publisher: International Monetary Fund
ISBN: 1451853270
Category : Business & Economics
Languages : en
Pages : 26

Get Book Here

Book Description
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.

Challenges to Globalization

Challenges to Globalization PDF Author: Robert E. Baldwin
Publisher: University of Chicago Press
ISBN: 0226036553
Category : Business & Economics
Languages : en
Pages : 560

Get Book Here

Book Description
People passionately disagree about the nature of the globalization process. The failure of both the 1999 and 2003 World Trade Organization's (WTO) ministerial conferences in Seattle and Cancun, respectively, have highlighted the tensions among official, international organizations like the WTO, the International Monetary Fund (IMF), the World Bank, nongovernmental and private sector organizations, and some developing country governments. These tensions are commonly attributed to longstanding disagreements over such issues as labor rights, environmental standards, and tariff-cutting rules. In addition, developing countries are increasingly resentful of the burdens of adjustment placed on them that they argue are not matched by commensurate commitments from developed countries. Challenges to Globalization evaluates the arguments of pro-globalists and anti-globalists regarding issues such as globalization's relationship to democracy, its impact on the environment and on labor markets including the brain drain, sweat shop labor, wage levels, and changes in production processes, and the associated expansion of trade and its effects on prices. Baldwin, Winters, and the contributors to this volume look at multinational firms, foreign investment, and mergers and acquisitions and present surprising findings that often run counter to the claim that multinational firms primarily seek countries with low wage labor. The book closes with papers on financial opening and on the relationship between international economic policies and national economic growth rates.

National Income and Its Distribution

National Income and Its Distribution PDF Author: Markus Bruckner
Publisher: International Monetary Fund
ISBN: 1498347819
Category : Business & Economics
Languages : en
Pages : 44

Get Book Here

Book Description
Does the distribution of income within a country become more equal as it grows richer? This paper uses plausibly exogenous variations in trade-weighted world income and international oil price shocks as instruments for within-country variations in countries real GDP per capita to examine this issue for a large sample of advanced and developing countries. Our findings indicate that increases in national income have a significant moderating effect on income inequality: a one percent increase in real GDP per capita, on average, reduces the Gini coefficient by around 0.08 percentage points, a result that is robust across income levels, different time horizons, and alternative estimation techniques. From a policy perspective, our results suggest that education policies that promote equity and help individuals continue on to higher levels of education could help reduce income inequality.

The Impact of International Trade and Investment on Employment

The Impact of International Trade and Investment on Employment PDF Author:
Publisher:
ISBN:
Category : Balance of trade
Languages : en
Pages : 350

Get Book Here

Book Description