The role of skill endowments in the structure of US outward foreign direct investment
成果类型:
Article
署名作者:
Yeaple, SR
署名单位:
University of Pennsylvania
刊物名称:
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN:
0034-6535
DOI:
10.1162/003465303322369849
发表日期:
2003-08
页码:
726-734
关键词:
摘要:
This paper reports the results of an empirical study of the industry and country determinants of U.S. outward foreign direct investment (FDI). These results contribute to the literature in two dimensions. First, they demonstrate that the structure of U.S. FDI reflects an interaction between country skilled-labor abundance and industry skilled-labor intensities that is consistent with comparative advantage. Second, they confirm the results of early studies that market access plays an important role in the structure of U.S. FDI. Together these results paint a broad picture of the structure of U.S. FDI that casts light on the predictions of the theory of multinational enterprise.
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