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Does Foreign Direct Investment Promote Regional Development in Developed Countries? A Markov Chain Approach for US States
Bode, Eckhardt; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2010
Persistent link: https://www.econbiz.de/10010955831
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Does Foreign Direct Investment Promote Regional Development in Developed Countries? A Markov Chain Approach for US States
Bode, Eckhardt; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2007
This paper investigates the effects of inward FDI on per-capita income and growth of the US states since the mid-1970s. Using a Markov chain approach, it shows that both quantitative and qualitative characteristics of FDI affect per-capita income and growth. Employment-intensive FDI,...
Persistent link: https://www.econbiz.de/10005755193