Verfügbarkeit: FDI Spillovers, Financial Markets and Economic Development

FDI Spillovers, Financial Markets and Economic Development:

This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial acti...

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Bibliographische Detailangaben
1. Verfasser:	Sayek, Selin (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2003
Schriftenreihe:	IMF Working Papers Working Paper No. 03/186
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial activities, which are subject to a fixed cost. Better financial markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in contributing to development
Beschreibung:	1 Online-Ressource (32 p)
ISBN:	1451859481 9781451859485

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spelling	Sayek, Selin Verfasser aut FDI Spillovers, Financial Markets and Economic Development Sayek, Selin Washington, D.C International Monetary Fund 2003 1 Online-Ressource (32 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/186 This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial activities, which are subject to a fixed cost. Better financial markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in contributing to development Online-Ausg Alfaro, Laura Sonstige oth Chanda, Areendam Sonstige oth Kalemli-Ozcan, Sebnem Sonstige oth http://elibrary.imf.org/view/IMF001/02289-9781451859485/02289-9781451859485/02289-9781451859485.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Sayek, Selin FDI Spillovers, Financial Markets and Economic Development
title	FDI Spillovers, Financial Markets and Economic Development
title_auth	FDI Spillovers, Financial Markets and Economic Development
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title_full	FDI Spillovers, Financial Markets and Economic Development Sayek, Selin
title_fullStr	FDI Spillovers, Financial Markets and Economic Development Sayek, Selin
title_full_unstemmed	FDI Spillovers, Financial Markets and Economic Development Sayek, Selin
title_short	FDI Spillovers, Financial Markets and Economic Development
title_sort	fdi spillovers financial markets and economic development
url	http://elibrary.imf.org/view/IMF001/02289-9781451859485/02289-9781451859485/02289-9781451859485.xml
work_keys_str_mv	AT sayekselin fdispilloversfinancialmarketsandeconomicdevelopment AT alfarolaura fdispilloversfinancialmarketsandeconomicdevelopment AT chandaareendam fdispilloversfinancialmarketsandeconomicdevelopment AT kalemliozcansebnem fdispilloversfinancialmarketsandeconomicdevelopment

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