FDI spillovers, financial markets, and economic development /

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2003.
Description:1 online resource (32 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/03/186
IMF working paper ; WP/03/186.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12495993
Hidden Bibliographic Details
Other authors / contributors:Alfaro, Laura.
International Monetary Fund. African Department.
ISBN:128203524X
9781282035249
1451904843
9781451904840
1462345816
9781462345816
1452732027
9781452732022
9786613796776
6613796778
9781451859485
1451859481
Notes:Includes bibliographical references (pages 30-32).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
Summary:This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial activities, which are subject to a fixed cost. Better financial markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in contributing to development.
Other form:Print version: FDI spillovers, financial markets, and economic development. Washington, D.C. : International Monetary Fund, ©2003
Standard no.:10.5089/9781451904840.001

MARC

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260 |a Washington, D.C. :  |b International Monetary Fund,  |c ©2003. 
300 |a 1 online resource (32 pages) :  |b illustrations 
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490 1 |a IMF working paper,  |x 2227-8885 ;  |v WP/03/186 
504 |a Includes bibliographical references (pages 30-32). 
506 |3 Use copy  |f Restrictions unspecified  |2 star  |5 MiAaHDL 
533 |a Electronic reproduction.  |b [Place of publication not identified] :  |c HathiTrust Digital Library,  |d 2010.  |5 MiAaHDL 
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583 1 |a digitized  |c 2010  |h HathiTrust Digital Library  |l committed to preserve  |2 pda  |5 MiAaHDL 
588 0 |a Print version record. 
520 |a This paper examines the role financial markets play in the relationship between foreign direct investment (FDI) and economic development. We model an economy with a continuum of agents indexed by their level of ability. Agents can either work for the foreign company or undertake entrepreneurial activities, which are subject to a fixed cost. Better financial markets allow agents to take advantage of knowledge spillovers from FDI, magnifying the output effects of FDI. Empirically, we show that well-developed financial markets allow significant gains from FDI, while FDI alone plays an ambiguous role in contributing to development. 
546 |a English. 
650 0 |a Investments, Foreign  |x Econometric models. 
650 0 |a Economic development  |x Econometric models. 
650 0 |a Capital movements  |x Econometric models. 
650 6 |a Investissements étrangers  |x Modèles économétriques. 
650 6 |a Développement économique  |x Modèles économétriques. 
650 6 |a Mouvements de capitaux  |x Modèles économétriques. 
650 7 |a Capital movements  |x Econometric models.  |2 fast  |0 (OCoLC)fst00846376 
650 7 |a Economic development  |x Econometric models.  |2 fast  |0 (OCoLC)fst00901797 
650 7 |a Investments, Foreign  |x Econometric models.  |2 fast  |0 (OCoLC)fst00978374 
655 4 |a Electronic books. 
700 1 |a Alfaro, Laura. 
710 2 |a International Monetary Fund.  |b African Department. 
776 0 8 |i Print version:  |t FDI spillovers, financial markets, and economic development.  |d Washington, D.C. : International Monetary Fund, ©2003  |w (OCoLC)53310618 
830 0 |a IMF working paper ;  |v WP/03/186.  |0 http://id.loc.gov/authorities/names/no89010263 
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