Does Human Capital Augment FDI's Impact on Economic Growth? A Theoretical Explanation
William Sheng Liu, Frank Agbola, Bei-Bei Wu
William Sheng Liu
Available Online June 2019.
- https://doi.org/10.2991/msmi-19.2019.27How to use a DOI?
- Human capital, FDI, Economic growth, Theoretical explanation.
- In the foreign direct investment (FDI) literature, human capital is regarded as an important factor in augmenting FDI effects on economic growth in host counties. To test for this hypothesis, we develop an endogenous growth model that incorporates human capital development and learning-by-doing effects for examining the impact of FDI on the growth of the host economy. The theoretical explanation indicates that both the industrial and locational human capital augments FDI-growth effects.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - William Sheng Liu AU - Frank Agbola AU - Bei-Bei Wu PY - 2019/06 DA - 2019/06 TI - Does Human Capital Augment FDI's Impact on Economic Growth? A Theoretical Explanation BT - 6th International Conference on Management Science and Management Innovation (MSMI 2019) PB - Atlantis Press SP - 146 EP - 151 SN - 2352-5428 UR - https://doi.org/10.2991/msmi-19.2019.27 DO - https://doi.org/10.2991/msmi-19.2019.27 ID - Liu2019/06 ER -