The Human Capital Dimension to Foreign Direct Investment : Training, Adverse Selection and Firm Location
AbstractWhile the theoretical literature on Foreign Direct Investment (FDI) focuses largely on movements in capital and firm specific technology, recent empirical evidence emphasizes primarily the local human capital necessary to absorb FDI technology. We examine how human capital affects FDI and add a new dimension to the trade and FDI literature : informational asymmetries.
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Bibliographic InfoPaper provided by University of Washington, Department of Economics in its series Working Papers with number 97-03.
Length: 31 pages
Date of creation: 1997
Date of revision:
FOREIGN INVESTMENT ; HUMAN CAPITAL ; FORMATION ; CAPITAL MOVEMENTS ; TECHNOLOGY;
Other versions of this item:
- Eicher, T-S & Kalaitzidakis, P, 1997. "The Human Capital Dimension to Foreign Direct Investment : Training, Adverse Selection and Firm Location," Discussion Papers in Economics at the University of Washington 97-03, Department of Economics at the University of Washington.
- F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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