PHELPS N. A., MACKINNON D., STONE I. and BRAIDFORD P. (2003) Embedding the multinationals? Institutions and the development of overseas manufacturing affiliates in Wales and North East England, Reg. Studies 37 , 27-40. The impact of foreign direct investment (FDI) upon host regions is a topic of...

The empirical literature on FDI suggests that investment in training is the major source of human resource development activities undertaken by MNEs, particularly those with sophisticated technologies, and host countries' absorptive capacity plays an important role in attracting FDI. We develop...

The ease of restrictions on foreign direct investment in China since 1990 has attracted a continuous and dramatic flow of outward investment from Taiwan to the mainland. At the same time, the relative wages for skilled workers in Taiwan have risen mildly despite a rapid increase in the share of...

This is an empirical study of the impact of foreign direct investment (FDI) on income. It presents cross-country evidence that inward FDI is positively correlated with income. In addition, an instrument for FDI is constructed to address the issue of endogeneity. The results show that...

Although traditional approaches discussing FDI have described it simply as a set-up up of productive units in foreign markets, the global shape of modern corporations has become a challenge for most analyse about this important aspect of international economic relations. The discussion carried...

This paper examines the role of multinational firms in international trade using firm-level panel data for Japanese firms between 1994 and 2000. Our results indicate that multinational firms dominate Japanese trade. In 2000, only 12.4 percent of Japanese firms were multinationals but they...

How well do countries cope with the aftermath of natural disasters? In particular, how well do international financial flows buffer economic losses from disasters? This paper focuses on hurricanes (one of the most common and destructive types of disasters), and examines the impact of hurricane...

US Foreign Direct Investment (FDI) outflows are examined with respect to the level of corruption -- in the form of bribery -- in 42 recipient countries over a five-year period. Analysis indicates that US firms are less likely to invest in countries where bribery, as measured by the Corruption...