Does Human Capital Augment FDI's Impact on Economic Growth? A Theoretical Explanation

DOI

10.2991/msmi-19.2019.27How to use a DOI?

Keywords

Human capital, FDI, Economic growth, Theoretical explanation.

Abstract

In the foreign direct investment (FDI) literature, human capital is regarded as an important factor in augmenting FDI effects on economic growth in host counties. To test for this hypothesis, we develop an endogenous growth model that incorporates human capital development and learning-by-doing effects for examining the impact of FDI on the growth of the host economy. The theoretical explanation indicates that both the industrial and locational human capital augments FDI-growth effects.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - William Sheng Liu
AU  - Frank Agbola
AU  - Bei-Bei Wu
PY  - 2019/06
DA  - 2019/06
TI  - Does Human Capital Augment FDI's Impact on Economic Growth? A Theoretical Explanation
BT  - Proceedings of the 6th International Conference on Management Science and Management Innovation (MSMI 2019)
PB  - Atlantis Press
SP  - 146
EP  - 151
SN  - 2352-5428
UR  - https://doi.org/10.2991/msmi-19.2019.27
DO  - 10.2991/msmi-19.2019.27
ID  - Liu2019/06
ER  -