Does Foreign Direct Investment Promote

Examines the impact of foreign direct investment on workers, families, and communities in the developing world. Concludes with an analysis of the implications for contemporary policy debates and proposed new avenues for future research.

Preface

xi

1 Introduction and Overview

1

(22)

Theodore H. Moran, Edward M. Graham, and Magnus Blomström

I Searching for Externalities and Spillovers

2 The Impact of Inward FDI on Host Countries: Why Such Different Answers?

23

(22)

Robert E. Lipsey and Fredrik Sjöholm

3 Disentangling FDI Spillover Effects: What Do Firm Perceptions Tell Us?

45

(28)

Beata Smarzynska Javorcik and Mariana Spatareanu

4 Foreign Direct Investment and Externalities: The Case for Public Intervention

73

(34)

Garrick Blalock and Paul J. Gertler

5 R&D Activities of Foreign and National Establishments in Turkish Manufacturing

107

(30)

Asim Erdilek

6 Foreign Direct Investment and Local Economic Development: Beyond Productivity Spillovers

137

(22)

Holger Görg and Eric Strobl

7 Multinational Firms and Backward Linkages: A Critical Survey and a Simple Model

159

(16)

Ping Lin and Kamal Saggi

Comment

Gordon Hanson

175

(4)

Michael P. Keane

179

(16)

II Impact of FDI on Host-Country Growth

8 Does Foreign Direct Investment Accelerate Economic Growth?

195

(26)

Maria Carkovic and Ross Levine

9 Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies

221

(24)

Bruce A. Blonigen and Miao Grace Wang

10 Intrafirm Trade of US MNCs: Findings and Implications for Models and Policies Toward Trade and Investment

245

(28)

Susan E. Feinberg and Michael P. Keane

Comment

Marc J. Melitz

273

(8)

III Designing Policies to Capture Beneficial Effects

11 How Does FDI Affect Host Country Development? Using Industry Case Studies to Make Reliable Generalizations

281

(34)

Theodore H. Moran

12 China's Policies on FDI: Review and Evaluation

315

(22)

Guoqiang Long

13 Is Africa's Skepticism of Foreign Capital Justified? Evidence from East African Firm Survey Data

337

(30)

Todd J. Moss, Vijaya Ramachandran, and Manju Kedia Shah

Comment

Robert Z. Lawrence

367

(8)

IV Conclusions and Implications for Policy

14 Conclusions and Implications for FDI Policy in Developing Countries, New Methods of Research, and a Future Research Agenda

375

(22)

Theodore H. Moran, Edward M. Graham, and Magnus Blomström

About the Contributors

397

(8)

Index

405

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Does Foreign Direct Investment Promote Development?

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