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Growth And Foreign Direct Investment In American States, 1977–2001

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  • Gregory Brock

Abstract

Foreign Direct Investment in the United States is analyzed using a stochastic production function with FDI as an input. Low but significant technical inefficiency is found across American states similar to earlier studies but now with FDI explicitly accounted for. FDI is found to have a low but significant impact on regional economic growth. Supporting the literature, little evidence is found for human capital causing more FDI or GSP growth at the regional level.

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  • Gregory Brock, 2009. "Growth And Foreign Direct Investment In American States, 1977–2001," Review of Urban & Regional Development Studies, Wiley Blackwell, vol. 21(2†3), pages 110-123, July.
    • Handle: RePEc:bla:revurb:v:21:y:2009:i:2-3:p:110-123
    DOI: 10.1111/j.1467-940X.2009.00162.x
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    Cited by:

    1. Underwood, Robert L., 2012. "Automotive foreign direct investment in the United States: Economic and market consequences of globalization," Business Horizons, Elsevier, vol. 55(5), pages 463-474.
    2. Ichiro Iwasaki & Keiko Suganuma, 2015. "Foreign direct investment and regional economic development in Russia: an econometric assessment," Economic Change and Restructuring, Springer, vol. 48(3), pages 209-255, November.
    3. Gregory Brock & Constantin Ogloblin, 2014. "Another look at technical efficiency in American states, 1979–2000," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 53(2), pages 577-590, September.

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