Outward Foreign Direct Investment and US Exports, Jobs, and R&D
Title | Outward Foreign Direct Investment and US Exports, Jobs, and R&D PDF eBook |
Author | Gary Clyde Hufbauer |
Publisher | Peterson Institute for International Economics |
Total Pages | 149 |
Release | 2013-09-19 |
Genre | Business & Economics |
ISBN | 0881326682 |
It is not in the US interest to adopt tax and regulatory policies that would discourage global engagement by US multinational corporations (MNCs). Research presented in this book shows that the expansion of foreign affiliates of US MNCs is positively associated with more production, greater employment, higher exports, and more research and development (R&D) in the United States. These findings suggest that less investment abroad by US firms would weaken—not strengthen—the US economy. This analysis by no means implies that there are only winners and no losers from outward investment. Changing patterns of MNC investment, like changing patterns of technology and production more generally, contribute to job losses and dislocations for some workers and to new opportunities for others. To benefit the US economy and US workers most broadly, the United States will want to search for ways to strengthen the appeal of the United States as a base for the operations of international firms. High among the recommendations to accomplish this, the United States should adopt a territorial tax system, like the great majority of developed countries.
Outward Foreign Direct Investment and US Exports, Jobs, and R&D
Title | Outward Foreign Direct Investment and US Exports, Jobs, and R&D PDF eBook |
Author | Gary Clyde Hufbauer |
Publisher | Columbia University Press |
Total Pages | 126 |
Release | 2013-09-19 |
Genre | Political Science |
ISBN | 0881326690 |
It is not in the US interest to adopt tax and regulatory policies that would discourage global engagement by US multinational corporations (MNCs). Research presented in this book shows that the expansion of foreign affiliates of US MNCs is positively associated with more production, greater employment, higher exports, and more research and development (R&D) in the United States. These findings suggest that less investment abroad by US firms would weaken—not strengthen—the US economy. This analysis by no means implies that there are only winners and no losers from outward investment. Changing patterns of MNC investment, like changing patterns of technology and production more generally, contribute to job losses and dislocations for some workers and to new opportunities for others. To benefit the US economy and US workers most broadly, the United States will want to search for ways to strengthen the appeal of the United States as a base for the operations of international firms. High among the recommendations to accomplish this, the United States should adopt a territorial tax system, like the great majority of developed countries.
The Impact of U.S. Foreign Direct Investment on U.S. Employment and Trade
Title | The Impact of U.S. Foreign Direct Investment on U.S. Employment and Trade PDF eBook |
Author | National Foreign Trade Council |
Publisher | |
Total Pages | 44 |
Release | 1971 |
Genre | Balance of payments |
ISBN |
Foreign Direct Investment in the United States: Benefits, Suspicions, and Risks with Special Attention to FDI from China
Title | Foreign Direct Investment in the United States: Benefits, Suspicions, and Risks with Special Attention to FDI from China PDF eBook |
Author | Theodore H. Moran |
Publisher | Peterson Institute for International Economics |
Total Pages | 125 |
Release | 2013-09-01 |
Genre | Business & Economics |
ISBN | 0881326615 |
Americans have long been ambivalent toward foreign direct investment in the United States. Foreign multinational corporations may be a source of capital, technology, and jobs. But what are the implications for US workers, firms, communities, and consumers as the United States remains the most popular destination for foreign multinational investment? Theodore H. Moran and Lindsay Oldenski find that foreign multinational firms that invest in the United States are, alongside US-headquartered American multinationals, the most productive and highest-paying segment of the US economy. These firms conduct more research and development, provide more value added to US domestic inputs, and export more goods and services than other firms in the US economy. The superior technology and management techniques they employ spill over horizontally and vertically to improve the performance of local firms and workers. As the United States wants not only to expand employment but also create well-paying jobs that reverse the falling earnings that many US workers and middle class families have suffered in recent decades, it is more important than ever to enhance the United States as a destination for multinational investors
Foreign Direct Investment and Development
Title | Foreign Direct Investment and Development PDF eBook |
Author | Theodore H. Moran |
Publisher | Peterson Institute |
Total Pages | 183 |
Release | 2011 |
Genre | Business & Economics |
ISBN | 0881326003 |
In this cutting-edge analysis of foreign direct investment (FDI), Moran--one of the acknowledged experts in this area--questions traditional econometric measures of foreign direct investment flows, identifies flaws in past research, elaborates on how the latest research has moved More ... into new territory, and provides a first look at what new research has uncovered. Moran concentrates on FDI in the manufacturing and assembly sector, and discusses if FDI in manufacturing raises the productivity of host country economic activities, if FDI makes the host more competitive in new sectors, and generates externalities that benefit local firms and workers. He provides important new data on the kinds of activities, types of jobs, and level of wages associated with multinational manufacturing investment. This volume dissects the market failures associated with the contemporary idea of development as selfdiscovery, and addresses the tricky question of whether to provide incentives for FDI. In addition, he provides a novel reassessment of the debate about FDI crowding-out or crowding-in domestic investment. This book provides insight and lessons for developing and developed countries, NGOs, the corporate responsibility community, and multilateral lending institutions
Economic Report of the President Transmitted to the Congress
Title | Economic Report of the President Transmitted to the Congress PDF eBook |
Author | United States. President |
Publisher | |
Total Pages | |
Release | 1994 |
Genre | Electronic journals |
ISBN |
Reports for 1962- include: The annual report of the Council of Economic Advisers (title varies slightly).
Impact of U.S. Tax Rules on International Competitiveness
Title | Impact of U.S. Tax Rules on International Competitiveness PDF eBook |
Author | United States. Congress. House. Committee on Ways and Means |
Publisher | |
Total Pages | 224 |
Release | 2001 |
Genre | Business & Economics |
ISBN |