Do Inward Investors Achieve their Job Targets?
AbstractThe paper utilizes data for north-east England over the period 1985-98 to examine if foreign-owned start-up plants achieve their job targets. Different models are estimated, each shedding light on the relationship between the jobs promised by plants in their initial investment and their actual employment attained. On average, it is found that the plants achieve their job targets, but larger plants fall someway short. It is argued that these plants may deliberately overstate the number of jobs, and that the employment-creation claims of inward investors and economic development agencies should be treated with skepticism. Copyright 2004 Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Department of Economics, University of Oxford in its journal Oxford Bulletin of Economics and Statistics.
Volume (Year): 66 (2004)
Issue (Month): 4 (09)
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- Jonathan Jones & Colin Wren, 2008. "FDI Location Across British Regions and Inward Investment Policy," SERC Discussion Papers 0013, Spatial Economics Research Centre, LSE.
- Jonathan Jones & Colin Wren, 2008. "Foreign Direct Investment and Prospects for the Northern Region," SERC Discussion Papers 0004, Spatial Economics Research Centre, LSE.
- Wren, Colin & Jones, Jonathan, 2009. "Re-investment and the survival of foreign-owned plants," Regional Science and Urban Economics, Elsevier, vol. 39(2), pages 214-223, March.
- Jonathan Jones & Colin Wren, 2008. "Re-Investment and the Survival of Foreign-Owned Plants," SERC Discussion Papers 0003, Spatial Economics Research Centre, LSE.
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