Abstract
We relate the technological and factor price determinants of inward and outward foreign direct investment (FDI) to its potential productivity and labour market effects on both host and home economies. This allows us to distinguish clearly between technology-sourcing and technologyexploiting
FDI, and to identify FDI that is linked to labour cost differentials. We then empirically examine the effects of different types of FDI into and out of the UK on domestic (i.e. UK) productivity and on the demand for skilled and unskilled labour at the industry level.
Original language | English |
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Pages (from-to) | 171-203 |
Number of pages | 33 |
Journal | Manchester School |
Volume | 77 |
Issue number | 2 |
DOIs | |
Publication status | Published - Mar 2009 |
Bibliographical note
The definitive version is available at www.blackwell-synergy.comKeywords
- inward foreign direct investment
- outward foreign direct investment
- potential productivity
- labour market effects
- economie
- technology-sourcing
- technology-exploiting