Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/4053
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dc.creatorBode, Eckhardt-
dc.creatorNunnenkamp, Peter-
dc.date2007-
dc.date.accessioned2013-10-16T06:24:35Z-
dc.date.available2013-10-16T06:24:35Z-
dc.date.issued2013-10-16-
dc.identifierKiel working paper Institut für Weltwirtschaft, Kiel 1374-
dc.identifierhttp://hdl.handle.net/10419/4053-
dc.identifierppn:54015170X-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/4053-
dc.descriptionThis paper investigates the effects of inward FDI on per-capita income and growth of the US states since the mid-1970s. Using a Markov chain approach, it shows that both quantitative and qualitative characteristics of FDI affect per-capita income and growth. Employment-intensive FDI, concentrated in richer states, has been conducive to income growth, while capital-intensive FDI, concentrated in poorer states, has not. FDI has consequently tended to slow down rather than foster income convergence among US states. It appears to be less important whether FDI has been undertaken in the manufacturing sector of US states or in other sectors.-
dc.languageeng-
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relationKieler Arbeitspapiere 1374-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectO18-
dc.subjectO51-
dc.subjectF23-
dc.subjectddc:330-
dc.subjectMarkov transition probability-
dc.subjectLikelihood ratio test-
dc.subjectFDI-
dc.subjectPer-capita income-
dc.subjectRegional development-
dc.subjectUnited States of America-
dc.subjectDirektinvestition-
dc.subjectRegionale Entwicklung-
dc.subjectSozialprodukt-
dc.subjectRegionale Disparität-
dc.subjectSchätzung-
dc.subjectMarkovscher Prozess-
dc.subjectUSA-
dc.titleDoes foreign direct investment promote regional development in developed countries? A Markov chain approach for US states-
dc.typedoc-type:workingPaper-
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