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Inward Foreign Direct Investment in the US: An Empirical Analysis of their Impact on State Economies.
- Source :
- Eastern Economic Journal; Fall2011, Vol. 37 Issue 4, p508-529, 22p
- Publication Year :
- 2011
-
Abstract
- In the present study, we analyze the effects of foreign direct investment (FDI) inflows in local economies across US states. Overall, FDI inflows have a positive and in several cases statistically significant impact on local employment and wages. However, these effects vary across US states. The study presents evidence supporting the idea that these results are due to the industry composition of FDI inflows across states. FDI inflows in Food, Lumber and Wood, Paper, Printing/Publishing, and Primary and Fabricated Metals have positive employment and wages effects, whereas FDI inflows in Petroleum and Instruments have negative effects. [ABSTRACT FROM AUTHOR]
- Subjects :
- FOREIGN investments
EMPLOYMENT
WAGES
FOOD industry
PAPER industry
PUBLISHING
Subjects
Details
- Language :
- English
- ISSN :
- 00945056
- Volume :
- 37
- Issue :
- 4
- Database :
- Complementary Index
- Journal :
- Eastern Economic Journal
- Publication Type :
- Academic Journal
- Accession number :
- 65433687
- Full Text :
- https://doi.org/10.1057/eej.2010.5