The role of skill endowments in the structure of U.S. outward foreign direct investment

Research output: Contribution to journalArticle

119 Scopus citations

Abstract

This paper reports the results of an empirical study of the industry and country determinants of U.S. outward foreign direct investment (FDI). These results contribute to the literature in two dimensions. First, they demonstrate that the structure of U.S. FDI reflects an interaction between country skilled-labor abundance and industry skilled-labor intensities that is consistent with comparative advantage. Second, they confirm the results of early studies that market access plays an important role in the structure of U.S. FDI. Together these results paint a broad picture of the structure of U.S. FDI that casts light on the predictions of the theory of multinational enterprise.

Original languageEnglish (US)
Pages (from-to)726-734
Number of pages9
JournalReview of Economics and Statistics
Volume85
Issue number3
DOIs
StatePublished - Aug 1 2003

All Science Journal Classification (ASJC) codes

  • Social Sciences (miscellaneous)
  • Economics and Econometrics

Fingerprint Dive into the research topics of 'The role of skill endowments in the structure of U.S. outward foreign direct investment'. Together they form a unique fingerprint.

  • Cite this