nach oben

Erschienen in:

2016 | OriginalPaper | Buchkapitel

5. The Conceptual Foundation, Common Motivation, Major Benefits/Disadvantages, and Importance of FDI on Economic Growth and Development

verfasst von : Zvezdan Vukanović

Erschienen in: Foreign Direct Investment Inflows Into the South East European Media Market

Verlag: Springer International Publishing

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

FDI flows come in at least four separate forms: (a) FDI in extractive industries, (b) FDI in infrastructure, (c) FDI in manufacturing, and (d) the under-researched field of FDI in Services. Foreign direct investment in media industry belongs to the category of FDI in the sector of Services. Each form of FDI flows presents such distinctive economic challenges and generates such diverse impacts for MNCs as well as for developingcountry host authorities/economy, undermining the usefulness of any research that does not simultaneously aggregate and disaggregate the FDI flows.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Vorheriges Kapitel The Paradigm Shift: From Static to Evolutionary/Dynamic/Transformational/Networked/Modular/Dynamic Business Model Concept

Nächstes Kapitel An Evolutionary Conceptual and Multidisciplinary Frameworks, Principles, and Criteria for FDI Inflows Determinants

Adhikary, B. K. (2011). FDI, trade openness, capital formation, and economic growth in Bangladesh: A linkage analysis. International Journal of Business and Management, 6(1), 16–28.

Aitken, B. J., & Harrison, A. E. (1999). Do domestic firms benefit from direct foreign investment? Evidence from Venezuela. American Economic Review, 89(3), 605–618.CrossRef

Altenburg, T. (2000). Linkages and spillovers between transnational corporations and small and medium-sized enterprises in developing countries (DIE Working Papers, issue 5). Bonn: German Development Institute (DIE).

Ancharaz, V. D. (2000). Trade liberalization and foreign direct investment in sub-Saharan Africa: A comparative perspective. PhD dissertation, Brandeis University, USA.

Arbatli, E. C. (2011). Economic policies and FDI inflows to emerging market economies (IMF Working Papers). pp. 1–25.

Azam, M. (2010). An empirical analysis of the impacts of exports and foreign direct investment on economic growth in South Asia. Interdisciplinary Journal of Contemporary Research in Business, 2(7), 249.

Baltagi, B. H., Egger, P., & Pfaffermayr, M. (2004). Estimating models of complex FDI: Are there third-country effects? Mimeo.

Barry, F., Görg, H., & Strobl, E. (2004). Foreign direct investment, agglomerations, and demonstration effects: An empirical investigation. Review of World Economics, 127(3), 583–600.

Bergstrand, J. H., & Egger, P. (2004). A theoretical and empirical model of international trade and foreign direct investment with outsourcing: Part I, developed countries. Mimeo.

Blalock, G., & Gertler, P. (2002). Technology diffusion from foreign direct investment through supply chain (Working paper). Haas School of Business, UC Berkeley.

Blalock, G., & Gertler, P. (2008). Welfare gains from foreign direct investment through technology transfer to local suppliers. Journal of International Economics, 74(2), 402–421.CrossRef

Blomström, M., Kokko, A., & Mucchielli, J. L. (2003). The economics of foreign direct investment incentives (pp. 37–60). Berlin: Springer.CrossRef

Blomström, M., Lipsey, R. E., & Zejan, M. (1994). What explains developing country growth? National Bureau of Economic Research, no. w4132.

Borensztein, E., De Gregorio, J., & Lee, J. W. (1995). How does foreign direct investment affect economic growth? (NBER Working Paper No. 5057) Cambridge, MA: National Bureau of Economic Research.

Borensztein, E., De Gregorio, J., & Lee, J. W. (1998). How does foreign direct investment affect economic growth? Journal of International Economics, 45(1), 115–135.CrossRef

Bruno, R. L., & Campos, N. (2013). Reexamining the conditional effect of foreign direct investment (IZA Discussion Paper no. 7458).

Buckley, P. J., & Casson, M. (1981). The optimal timing of foreign direct investment. Economic Journal, 91(361), 75–87.CrossRef

Carkovic, M., & Levine, R. (2005). Does foreign direct investment accelerate economic growth? In T. H. Moran, E. M. Graham, & M. Blomstrom (Eds.), Does foreign direct investment promote development? Washington, DC: Center for Global Development.

Caves, R. E. (1996). Multinational enterprise and economic analysis (2nd ed.). Cambridge: Cambridge University Press.

Chakrabarti, A. (2001). The determinants of foreign direct investment: Sensitivity analysis of cross-country regressions. Kyklos, 54, 89–114.CrossRef

Chowdury, A., & Mavrotas, G. (2005). FDI and growth: A causal relationship (Research Paper No. 2005/25). UNU-WIDER.

Demekas, D. G., Horváth, B., Ribakova, E., & Wu, Y. (2005). Foreign direct investment in Southeastern Europe: How (and how much) can policies help? (IMF Working Paper, WP/05/110).

Djankov, S., & Hoekman, B. (2000). Foreign investment and productivity growth in Czech enterprises. World Bank Economic Review, 14(1), 49–64.CrossRef

Dunning, J. H. (1980). Toward an eclectic theory of international production: Some empirical tests. Journal of International Business Studies, 11(1), 9–31.CrossRef

Dunning, J. H. (1993). Multinational enterprises and the global economy. Reading, MA: Addison-Wesley.

Dutta, N., & Roy, S. (2008). The role of foreign direct investment on press freedom (MPRA Paper No. 10185).

Ekholm, K., Forslid, R., & Markusen, J. R. (2003). Export-platform foreign direct investment (NBER Working Paper No. 9517).

Estrin, S., Hanousek, J., Kocenda, E., & Svejnar, J. (2009). The effects of privatization and ownership in transition economies. Journal of Economic Literature, 47(3), 699–728.CrossRef

Farole, T., & Winkler, D. E. (2012). Foreign firm characteristics, absorptive capacity and the institutional framework: The role of mediating factors for FDI spillovers in low- and middle-income countries (Policy Research Working Paper Series 6265). World Bank.

Findlay, R. (1978). Relative backwardness, direct foreign investment and transfer of technology. Quarterly Journal of Economics, 92, 1–16.CrossRef

Fung, K. C., Korhonen, I., Li, K., & Ng, F. (2009). China and Central and Eastern European countries: Regional networks, global supply chain or international competitors? Journal of Economic Integration, 24, 476–504.CrossRef

Galgóczi, B. (2009). Boom and bust in Central and Eastern Europe: Lessons on the sustainability of an externally financed growth model. Journal of Contemporary European Research, 5, 614–625.

Görg, H., & Greenaway, D. (2004). Much ado about nothing? Do domestic firms really benefit from foreign direct investment? The World Bank Research Observer, 19(2), 171–197.CrossRef

Hansen, H., & Rand, J. (2006). On the causal links between FDI and growth in developing countries. The World Economy, 29(1), 21–41.CrossRef

Haskell, J., Pereira, S., & Slaughter, M. (2007). Does inward investment boost the productivity of domestic firms? Review of Economics and Statistics, 89(3), 482–496.CrossRef

Hassan, M. (2000). Trade balances, economic growth and linkages to multinational foreign direct investment. PhD dissertation, Nova Southeastern University, USA.

Helpman, E. (1984). A simple theory of international trade with multinational corporations. Journal of Political Economy, 92(3), 451–471.CrossRef

Hermes, N., & Lensink, R. (2003). Foreign direct investment, financial development and economic growth. Journal of Development Studies, 40(1), 142–163.CrossRef

Hirschman, A. O. (1958). The strategy of economic development (Vol. 10). New Haven, CT: Yale University Press.

Ho, C. S., & Rashid, H. A. (2011). Macroeconomic and country specific determinants of FDI. The Business Review, 18(1), 219–226.

Hymer, S. H. (1976). The international operations of national firms: A study of direct foreign investment (Vol. 14, pp. 139–155). Cambridge, MA: MIT Press.

Jadhav, P. (2012). Determinants of foreign direct investment in BRICS economies: Analysis of economic, institutional and political factor. Procedia-Social and Behavioral Sciences, 37, 5–14.CrossRef

Javorcik, B. S. (2004). Does foreign direct investment increase the productivity of domestic firms? In search of spillovers through backward linkages. American Economic Review, 94, 605–627.CrossRef

Konings, J. (2001). The effects of foreign direct investment on domestic firms: Evidence from firm-level panel data in emerging economies. The Economics of Transition, 9(3), 619–633.CrossRef

Lensink, R., & Morrissey, O. (2001). FDI flows, volatility and growth (CREDIT Research Paper 01/06). University of Nottingham.

Lipsey, R. E. (2001). Foreign direct investors in three financial crises (NBER Working Paper No. 8084).

Liu, Z. (2002). Foreign direct investment and technology spillover: Evidence from China. Journal of Comparative Economics, 30(3), 579–602.CrossRef

Loungani, P., & Razin, A. (2001). How beneficial is foreign direct investment for developing countries? Finance and Development, 38(2), 6–9.

Markusen, J. R. (1984). Multinationals, multi-plant economies, and the gains from trade. Journal of International Economics, 16(3–4), 205–226.CrossRef

Markusen, J. R. (1995). The boundaries of multinational enterprises and the theory of international trade. The Journal of Economic Perspectives, 9(2), 169–189.CrossRef

Meyer, K., & Sinani, E. (2009). When and where does foreign direct investment generate positive spillovers? A meta-analysis. Journal of International Business Studies, 40, 1075–1094.CrossRef

Navaretti, G. B., & Venables, A. J. (2004). Multinational firms in the world economy. Princeton, NJ: Princeton University Press.

Neuhaus, M. (2006). The impact of FDI on economic growth: An analysis for the transition countries of Central and Eastern Europe. Heidelberg: Springer.

Popescu, G. H. (2014). FDI and economic growth in Central and Eastern Europe. Sustainability, 6(11), 8149–8163.CrossRef

Rodrik, D. (1999). The new global economy and developing countries: Making openness work, Policy essay no. 24. Overseas Development Council; Distributed by Johns Hopkins University Press, Washington, DC

Sánchez-Martín, M. E., De Piniés, J., & Antoine, K. (2015). Measuring the determinants of backward linkages from FDI in developing economies: Is it a matter of size? (World Bank Policy Research Working Paper, 7185).

Schneider, F., & Frey, B. (1985). Economic and political determinants of foreign direct investment. World Development, 13, 161–175.CrossRef

Shatz, H. J., & Venables, A. (2000). The geography of international investment (Vol. 2338). Washington, DC: World Bank.

Sinani, E., & Meyer, K. E. (2004). Spillovers from technology transfer: The case of Estonia. Journal of Comparative Economics, 32(3), 445–466.CrossRef

Thangamani, B., Xu, C., & Zhong, C. (2011). Determinants and growth effect of FDI in South Asian economies: Evidence from a panel data analysis. International Business Research, 4(1), 43.

Tong, H., & Wei, S. J. (2011). The composition matters: Capital inflows and liquidity crunch during a global economic crisis, review of financial studies. Oxford University Press for Society for Financial Studies, 24(6), 2023–2052.

Venables, A. J. (2003). Winners and losers from regional integration agreements. The Economic Journal, 113(490), 747–761.CrossRef

Vernon, R. (1966). International investment and international trade in the product cycle. Quarterly Journal of Economics, 80, 190–207.CrossRef

World Economic Outlook. (2007). International Monetary Fund—IMF, Washington, DC.

Yudaeva, K., Kozlov, K., Melentieva, N., & Ponomareva, N. (2003). Does foreign ownership matter? Russian experience. The Economics of Transition, 11(3), 383–410.CrossRef

Yusop, Z., & Choong, C. K. (2002, October 2–4). Foreign direct investment determinants in the Malaysian manufacturing sector. In Proceedings of Asia Pacific economics and business conference 2002 (pp. 356–364).

Titel: The Conceptual Foundation, Common Motivation, Major Benefits/Disadvantages, and Importance of FDI on Economic Growth and Development
verfasst von: Zvezdan Vukanović
Verlag: Springer International Publishing
Buch: Foreign Direct Investment Inflows Into the South East European Media Market
Print ISBN: 978-3-319-30510-3

Electronic ISBN: 978-3-319-30512-7

Copyright-Jahr: 2016
DOI: https://doi.org/10.1007/978-3-319-30512-7_5