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

Cilt: 15 Sayı: 1 1 Ocak 2014
  • Ayça Sarıalioğlu Hayalı
PDF İndir
TR EN

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

Öz

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.

Anahtar Kelimeler

Kaynakça

  1. AGOSIN, M.R., RICARDO, M. (2000). Foreign investment in developing countries: does it crowd in domestic investment. UNCTAD discussion paper 146. Geneva: UNCTAD.
  2. ADENIYI, O., OMISAKIN, O., EGWAIKHIDE, F., OYINLOLA, A. (2012). Foreign direct investment, economic growth and financial sector development in small open developing economies. Economic Analysis and Policy (EAP), Queensland University of Technology (QUT), School of Economics and Finance, 42(1), pp.105-127.
  3. BALASUBRAMANYAM, V.N., SALISU, M., SAPSFORD, D. (1996). Foreign direct investment and growth in EP and IS countries. The Economic Journal, 106(434), pp.92-105.
  4. BARRO, R.J. (1991). Economic growth in a cross-section of countries. Quarterly Journal of Economics, 5, pp.181-189.
  5. BHAGWATI, J. N. (1978). Anatomy and consequences of exchange rate regimes. NBER Studies in International Economic Relations 10, New York: NBER.
  6. BORENSZTEIN, E., GREGORIO, J.D., LEE, J.-W. (1998). How does foreign direct investment affect economic growth. Journal of International Economics, 45, pp.115-135.
  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].

Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

-

Yazarlar

Ayça Sarıalioğlu Hayalı Bu kişi benim

Yayımlanma Tarihi

1 Ocak 2014

Gönderilme Tarihi

-

Kabul Tarihi

-

Yayımlandığı Sayı

Yıl 2014 Cilt: 15 Sayı: 1

Kaynak Göster

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. DOUJ. 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 (01 Ocak 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”, DOUJ, c. 15, sy 1, ss. 15–30, Oca. 2014, [çevrimiçi]. Erişim adresi: 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 (01 Ocak 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. DOUJ. 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, c. 15, sy 1, Ocak 2014, ss. 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. DOUJ [Internet]. 01 Ocak 2014;15(1):15-30. Erişim adresi: https://izlik.org/JA53BJ96AN