The authors find that the role foreign direct investment (FDI) plays in international technology transfer (ITT) hinges on whether substitute channels of ITT--such as imitation--exist for the host country. If FDI is the sole channel of ITT, a faster flow of FDI to the South increases the rates of...

This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics.

type="main" xml:lang="en" <title type="main">Abstract</title> <p>We study competition for foreign direct investment (FDI) between host countries and the implications of tax policy coordination between them. By reducing its tax on multinational production, a host country can attract additional FDI, some of which is diverted...</p>