A regional CGE analysis of the demand and 'efficiency spillover' effects of foreign direct investment

G. Gillespie, P.G. McGregor, J.K. Swales, Y. Yin, Nigel Pain (Editor)

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Most industrialised economies rely increasingly on knowledge-based activities. The processes of globalisation and European integration have simultaneously encouraged the growth of foreign direct investment, with multinational companies helping to transmit firm-specific technologies and ideas across national borders. Governments and local development agencies are engaged in fierce competition to attract inward investment in the belief that such investments offer wider benefits for host locations. This chapter presents a regional CGE analysis of the demand and 'efficiency spillover' effects of foreign direct investment.
Original languageEnglish
Title of host publicationInward Investment, Technological Change and Growth: The Impact of Multinational Corporations on the UK Economy
Pages178-209
Number of pages31
Publication statusPublished - 2001

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Keywords

  • foreign investment
  • economy
  • productivity
  • economics

Cite this

Gillespie, G., McGregor, P. G., Swales, J. K., Yin, Y., & Pain, N. (Ed.) (2001). A regional CGE analysis of the demand and 'efficiency spillover' effects of foreign direct investment. In Inward Investment, Technological Change and Growth: The Impact of Multinational Corporations on the UK Economy (pp. 178-209)