Added Title
DLSU-AKI Working Paper Series 2018-01-048
College
School of Economics
Department/Unit
Economics
Document Type
Working Paper
Publication Date
1-2018
Abstract
Foreign Direct Investments (FDI) has contributed to the accumulation of capital and the improvement of the economy’s productive capacity through the incorporation of new inputs and modern technologies in the production process. Neoclassical and endogenous growth models have been widely used to empirically test the benefits of FDI (Almfraji & Almsafir, 2014). However, results of testing theoretical benefits are varying from regions, countries, and industries. Conflicting relationships and impacts range from significant to non-significant, positive to negative impacts, directly or indirectly. Despite that, FDI inflows have still been recognized to influence employment and wages, infrastructure development, human capital development, technology transfer, and promotion of trade which could have a short and long-term effect on economic of growth of a country. Recognizing the impact of FDI on the development of an economy, many researchers tried to elucidate the factors that encourage foreign countries to invest in a specific economy.
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Recommended Citation
Biares, R. R., & Tullao, T. S. (2018). Linking Global Competitiveness, Higher Education, and Foreign Direct Investment Inflows. Retrieved from https://animorepository.dlsu.edu.ph/res_aki/38
Disciplines
Higher Education
Keywords
Foreign Direct Investments; Higher Education; Human Capital; Infrastructure Development; Research and Development
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