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...

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Main Authors: Karimi, Mohammad Sharif, Yusop, Zulkornain, Law, Siong Hook, Lee, Chin
Format: Article
Language:English
Published: Hanyang Economic Research Institute 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28308/1/Effect%20of%20human%20capital%20on%20foreign%20direct%20investment%20inflows.pdf
http://psasir.upm.edu.my/id/eprint/28308/
http://jer.hanyang.ac.kr/issue/18_1/JER_18_1_(4)_mohammad.pdf
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spelling my.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
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
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.
format Article
author Karimi, Mohammad Sharif
Yusop, Zulkornain
Law, Siong Hook
Lee, Chin
spellingShingle Karimi, Mohammad Sharif
Yusop, Zulkornain
Law, Siong Hook
Lee, Chin
Effects of human capital on foreign direct investment inflows
author_facet Karimi, Mohammad Sharif
Yusop, Zulkornain
Law, Siong Hook
Lee, Chin
author_sort Karimi, Mohammad Sharif
title Effects of human capital on foreign direct investment inflows
title_short 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_sort effects of human capital on foreign direct investment inflows
publisher Hanyang Economic Research Institute
publishDate 2013
url http://psasir.upm.edu.my/id/eprint/28308/1/Effect%20of%20human%20capital%20on%20foreign%20direct%20investment%20inflows.pdf
http://psasir.upm.edu.my/id/eprint/28308/
http://jer.hanyang.ac.kr/issue/18_1/JER_18_1_(4)_mohammad.pdf
_version_ 1643829426788499456
score 13.211869