The Human Capital Dimension to Foreign Direct Investment : Training, Adverse Selection and Firm Location
While 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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|Date of creation:||1997|
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Web page: http://www.econ.washington.edu/
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