IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS

Volume: 15 Number: 1 January 1, 2014
  • Ayça Sarıalioğlu Hayalı
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IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS

Abstract

In literature, the “quality” of FDI rather than its “quantity” was started to be focused on in order to be beneficial for economic development. One of the indicators of FDI’s “quality” is accepted as its “mode of entry”, greenfield or brownfield investments. The paper argues that greenfield investment is more useful for development in order to have its direct positive impact through investment. The paper empirically investigates this by a cross-section data analysis. The main findings support this argument. Findings also back the argument that brownfield can be beneficial for development in the long-run in relation with human capital development.

Keywords

References

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  7. CALDERÓN, C., LOAYZA, N., SERVÉN, L. (2002). Greenfield FDI vs. mergers and acquisitions: Does the distinction matter. Central Bank of Chile Working Papers 173, [Available at]: , [Accessed: 10.03.2012].
  8. CARKOVIC, M.V., LEVINE, R. (2005). Does foreign direct investment accelerate economic growth. T.H. MORAN, E.M. GRAHAM, M. BLOMSTRÖM (ed.) Does foreign direct investment promote development, Washington DC, USA: Institute for International Economics and Centre for Global Development, [Available at]: , [Accessed: 10.03.2012].

Details

Primary Language

English

Subjects

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Journal Section

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Authors

Ayça Sarıalioğlu Hayalı This is me

Publication Date

January 1, 2014

Submission Date

-

Acceptance Date

-

Published in Issue

Year 2014 Volume: 15 Number: 1

APA
Hayalı, A. S. (2014). IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS. Doğuş Üniversitesi Dergisi, 15(1), 15-30. https://izlik.org/JA53BJ96AN
AMA
1.Hayalı AS. IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS. Doğuş Üniversitesi Dergisi. 2014;15(1):15-30. https://izlik.org/JA53BJ96AN
Chicago
Hayalı, Ayça Sarıalioğlu. 2014. “IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS”. Doğuş Üniversitesi Dergisi 15 (1): 15-30. https://izlik.org/JA53BJ96AN.
EndNote
Hayalı AS (January 1, 2014) IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS. Doğuş Üniversitesi Dergisi 15 1 15–30.
IEEE
[1]A. S. Hayalı, “IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS”, Doğuş Üniversitesi Dergisi, vol. 15, no. 1, pp. 15–30, Jan. 2014, [Online]. Available: https://izlik.org/JA53BJ96AN
ISNAD
Hayalı, Ayça Sarıalioğlu. “IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS”. Doğuş Üniversitesi Dergisi 15/1 (January 1, 2014): 15-30. https://izlik.org/JA53BJ96AN.
JAMA
1.Hayalı AS. IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS. Doğuş Üniversitesi Dergisi. 2014;15:15–30.
MLA
Hayalı, Ayça Sarıalioğlu. “IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS”. Doğuş Üniversitesi Dergisi, vol. 15, no. 1, Jan. 2014, pp. 15-30, https://izlik.org/JA53BJ96AN.
Vancouver
1.Ayça Sarıalioğlu Hayalı. IS FDI BENEFICIAL FOR DEVELOPMENT IN ANY CASE: AN EMPIRICAL COMPARISON BETWEEN GREENFIELD AND BROWNFIELD INVESTMENTS. Doğuş Üniversitesi Dergisi [Internet]. 2014 Jan. 1;15(1):15-30. Available from: https://izlik.org/JA53BJ96AN