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The enhancing effect of human capital on the FDI and Economic Growth nexus

Varum, C. A.; Rocha, V.C.; Alves, G.; Piscitello, L.

The importance of Human Capital accumulation in order to achieve greater economic growth is not neglected in economic theory. In this paper we look at the importance of human capital for enhancing the effect of another factor, inward foreign direct investment (FDI), that may affect growth. Governments in all continents now compete actively for FDI but not all countries reap the full benefits from it. Our study ...


Revisiting the Foreign Direct Investment – Economic Growth Nexus: thresholds of...

Varum, C. A.; Rocha, V.C.; Alves, G.; Piscitello, L.

This paper revisits the relationship between FDI and economic growth. While the relationship between FDI, growth and the role of the moderating variable ‘absorptive capacity’ has been intensely debated, the identification of the minimum thresholds of absorptive capacity for a positive effect from FDI to arise remains largely unexplored. For this reason, two threshold variables - host country’s human capital lev...


Internationalization of regions: the role of public policy

Banno, M.; Piscitello, L.; Varum, C. A.

The main purpose of this article is to build on previous efforts to investigate the effects of Out-ward-FDI promotion measures taken by governments and levels of outward foreign investment at regional level. We examine regional levels of outward FDI within Italy, a country with marketed regional asymmetries. Within the European arena, the heterogeneity of socio-economic condi-tions among Italian regions is a cl...


Home country measures for FDI: an analysis at regional level

Banno, M.; Piscitello, L.; Varum, C. A.

The promotion of outward investment through a number of home country measures has become prominent in recent years (hereafter HCMs) (UNCTAD, 2001). Scope and justification for public intervention are motivated by two reasons. First, HCMs can correct for market and coordination failures and, second, they are good for home country development (UNCTAD, 2001). In particular, governments may provide policy measures ...


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    Financiadores do RCAAP

Fundação para a Ciência e a Tecnologia Universidade do Minho   Governo Português Ministério da Educação e Ciência Programa Operacional da Sociedade do Conhecimento União Europeia