Effects of human capital on foreign direct investment inflows
The purpose of this study is to assess whether and to what extent HC contributes to national economies, and the influence it has on subsequent FDI owing into those economies. A systematic empirical study based on the Generalized Method of Moments (GMM) for 50 developed and developing countries has b...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Hanyang Economic Research Institute
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/28308/1/Effect%20of%20human%20capital%20on%20foreign%20direct%20investment%20inflows.pdf |
| _version_ | 1796971304060977152 |
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| author | Karimi, Mohammad Sharif Yusop, Zulkornain Law, Siong Hook Lee, Chin |
| author_facet | Karimi, Mohammad Sharif Yusop, Zulkornain Law, Siong Hook Lee, Chin |
| author_sort | Karimi, Mohammad Sharif |
| collection | UPM |
| description | The purpose of this study is to assess whether and to what extent HC contributes to national economies, and the influence it has on subsequent FDI owing into those economies. A systematic empirical study based on the Generalized Method of Moments (GMM) for 50 developed and developing countries has been undertaken by this study; in order to evaluate the role of HC on FDI inflows using all indicators previously used as a HC proxy in previous studies. We have utilized a newly developed index that is focused on weighted HC stock to examine the effects of HC on FDI inflows. The results clearly indicate that HC is important for attracting FDI in developing and developed countries. It demonstrates that the general educational attainment of a country is of importance in the FDI context. It would appear that HC formation should be emphasized in developing countries if FDI attraction is to be considered as a valid policy objective. |
| first_indexed | 2024-03-06T08:10:59Z |
| format | Article |
| id | upm.eprints-28308 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:10:59Z |
| publishDate | 2013 |
| publisher | Hanyang Economic Research Institute |
| record_format | dspace |
| spelling | upm.eprints-283082015-09-18T01:25:24Z http://psasir.upm.edu.my/id/eprint/28308/ Effects of human capital on foreign direct investment inflows Karimi, Mohammad Sharif Yusop, Zulkornain Law, Siong Hook Lee, Chin The purpose of this study is to assess whether and to what extent HC contributes to national economies, and the influence it has on subsequent FDI owing into those economies. A systematic empirical study based on the Generalized Method of Moments (GMM) for 50 developed and developing countries has been undertaken by this study; in order to evaluate the role of HC on FDI inflows using all indicators previously used as a HC proxy in previous studies. We have utilized a newly developed index that is focused on weighted HC stock to examine the effects of HC on FDI inflows. The results clearly indicate that HC is important for attracting FDI in developing and developed countries. It demonstrates that the general educational attainment of a country is of importance in the FDI context. It would appear that HC formation should be emphasized in developing countries if FDI attraction is to be considered as a valid policy objective. Hanyang Economic Research Institute 2013-05 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28308/1/Effect%20of%20human%20capital%20on%20foreign%20direct%20investment%20inflows.pdf Karimi, Mohammad Sharif and Yusop, Zulkornain and Law, Siong Hook and Lee, Chin (2013) Effects of human capital on foreign direct investment inflows. Journal of Economic Research, 18 (1). pp. 79-101. ISSN 1226-4261 http://jer.hanyang.ac.kr/issue/18_1/JER_18_1_(4)_mohammad.pdf |
| spellingShingle | Karimi, Mohammad Sharif Yusop, Zulkornain Law, Siong Hook Lee, Chin Effects of human capital on foreign direct investment inflows |
| title | Effects of human capital on foreign direct investment inflows |
| title_full | Effects of human capital on foreign direct investment inflows |
| title_fullStr | Effects of human capital on foreign direct investment inflows |
| title_full_unstemmed | Effects of human capital on foreign direct investment inflows |
| title_short | Effects of human capital on foreign direct investment inflows |
| title_sort | effects of human capital on foreign direct investment inflows |
| url | http://psasir.upm.edu.my/id/eprint/28308/1/Effect%20of%20human%20capital%20on%20foreign%20direct%20investment%20inflows.pdf |
| work_keys_str_mv | AT karimimohammadsharif effectsofhumancapitalonforeigndirectinvestmentinflows AT yusopzulkornain effectsofhumancapitalonforeigndirectinvestmentinflows AT lawsionghook effectsofhumancapitalonforeigndirectinvestmentinflows AT leechin effectsofhumancapitalonforeigndirectinvestmentinflows |