Foreign Direct Investment and Regional Economic Performance
Year: 2005
Type: article
Abstract: Summary Although foreign direct investment into developed economies continues to show dramatic growth, little consensus exists over either its national or regional impacts. The lack of empirical evidence, particularly on a sub‐national level, adds to the uncertainty over the efficacy of regional development strategies focused on attracting foreign investment. The present research uses book value and employment measures of U.S. state‐level FDI activity to assess the impact of foreign capital on regional growth and productivity performance. The results imply a vital role for FDI in stimulating regions within well‐integrated, developed economies.
Source: Kyklos
Authors: John K. Mullen, Martin Williams
Institutions: Clarkson University, Northern Illinois University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2146377913