Title |
Local human capital formation and optimal FDI |
Authors |
Asali, Muhammad , CRISTOBAL CAMPOAMOR, ADOLFO, Shaked, Avner |
External publication |
No |
Means |
J. Int. Trade Econ. Dev. |
Scope |
Article |
Nature |
Científica |
JCR Quartile |
4 |
SJR Quartile |
2 |
JCR Impact |
0.47500 |
SJR Impact |
0.31700 |
Web |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-84960466424&doi=10.1080%2f09638199.2015.1118527&partnerID=40&md5=cfbbb2cec9989b0f2bb26e8bd360e2e8 |
Publication date |
03/07/2016 |
ISI |
000372023800003 |
Scopus Id |
2-s2.0-84960466424 |
DOI |
10.1080/09638199.2015.1118527 |
Abstract |
This paper lends both theoretical and empirical support to the notion of optimal foreign direct investment (FDI) levels. It does so by uncovering an inverted-U-shaped relationship between FDI and human capital formation. The optimality of a particular FDI inflow depends on the educational incentives induced by FDI on the local, heterogeneous population. Our estimates confirm the significance of a positive (linear) and a negative (non-linear) impact of FDI stocks on tertiary schooling, which are exclusively relevant in developing countries. |
Keywords |
Foreign direct investment; information; human capital; skilled labour |
Universidad Loyola members |
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