Title Local human capital formation and optimal FDI
Authors Asali, Muhammad, CRISTOBAL CAMPOAMOR , ADOLFO, Shaked, Avner, CRISTOBAL CAMPOAMOR , ADOLFO
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
Area International
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