Growth and Foreign Direct Investment in American States, 1977–2001

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Abstract

Foreign Direct Investment in the United States is analyzed using a stochastic production function with FDI as an input. Low but significant technical inefficiency is found across American states similar to earlier studies but now with FDI explicitly accounted for. FDI is found to have a low but significant impact on regional economic growth. Supporting the literature, little evidence is found for human capital causing more FDI or GSP growth at the regional level.

Original languageAmerican English
JournalReview of Urban & Regional Development Studies
Volume21
DOIs
StatePublished - Jan 1 2009

Disciplines

  • Growth and Development

Keywords

  • America
  • FDI
  • Foreign Direct Investment

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