FDI Inflow and Human Development: Analysis of FDI's Impact on Host Countries' Social Welfare and Infrastructure

descriptionPublicationkeyboard_double_arrow_right Article 16 Apr 2013 English Publisher:WileyJournal:Thunderbird International Business Review, volume 55, pages 285-298 (issn: 1096-4762, eissn: 1520-6874,

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Authors: Kevin Lehnert; Mamoun Benmamoun; Hongxin Zhao;

doi: 10.1002/tie.21544

FDI Inflow and Human Development: Analysis of FDI's Impact on Host Countries' Social Welfare and Infrastructure

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Abstract

AbstractWe examine the impact of foreign direct investment (FDI) and the mediating effects of country national governance on the welfare and knowledge infrastructure of host countries. Based on a five‐year anchored panel data of 175 countries producing over 9,000 observations, we find that in general FDI has a positive influence on both host country welfare and knowledge infrastructure and the national governance positively mediates these relationships.1 © 2013 Wiley Periodicals, Inc.

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