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Foreign direct investment as a catalyst for industrial development

✍ Scribed by James R. Markusen; Anthony J. Venables


Book ID
117098559
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
179 KB
Volume
43
Category
Article
ISSN
0014-2921

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Foreign direct investment as a catalyst
✍ James R. Markusen; Anthony J. Venables πŸ“‚ Article πŸ“… 1999 πŸ› Elsevier Science 🌐 English βš– 179 KB

How does an FDI project affect local firms in the same industry? Competition in the product and factor markets tends to reduce profits of local firms, but linkage effects to supplier industries may reduce input costs and raise profits. This paper develops an analytical framework to assess these effe