Staff View: Foreign Direct Investment in Services and the Domestic Market for Expertise

Foreign Direct Investment in Services and the Domestic Market for Expertise

A growing body of evidence suggests that the close availability of diverse business services is important for economic growth. Producer services such as managerial and engineering consulting can provide specialized knowledge to help domestic firms...

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Bibliographic Details
Main Authors:	Markusen, James, Rutherford, Thomas F., Tarr, David
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AGGREGATE SUPPLY ASSETS AVERAGE COSTS BASE YEAR CD COMPARATIVE ADVANTAGE COMPETITIVE MODELS CONSUMER PRICE INDEX CONSUMERS CONTRACTUAL ARRANGEMENTS COST FUNCTIONS DECISION MAKING DIMINISHING RETURNS ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC GEOGRAPHY ECONOMIC GROWTH ECONOMIC PERFORMANCE ECONOMIC THEORY ECONOMICS ECONOMICS LITERATURE ELASTICITIES ELASTICITY ELASTICITY OF SUBSTITUTION EQUILIBRIUM EQUILIBRIUM MODELS EXTERNALITIES EXTERNALITY FINANCIAL MANAGEMENT FINANCIAL SERVICES FIXED COSTS FIXED PRICES GDP GROWTH RATE HUMAN CAPITAL IMPERFECT SUBSTITUTES IMPORTS INCOME INCREASING RETURNS INCREASING RETURNS TO SCALE INTEREST RATE INTERMEDIATE GOODS INTERMEDIATE INPUTS LABOR INPUTS LABOR MARKETS LAWS MARGINAL COST MARGINAL COSTS MARGINAL PRODUCT MARGINAL PRODUCTIVITY MARGINAL REVENUE MARKET DISTORTIONS MIDDLE INCOME COUNTRIES MONOPOLISTIC COMPETITION NATIONAL INCOME NET EXPORTS OIL OPTIMIZATION POLICY RESEARCH POSITIVE EFFECTS PRIVATE COSTS PRODUCERS PRODUCT DIFFERENTIATION PRODUCTION FUNCTION PRODUCTIVITY PRODUCTIVITY INCREASES PUBLIC POLICY REAL PRICES REAL WAGES RETIREMENT RETURNS TO SCALE SAVINGS SCALE ECONOMIES SCALE EFFECT SUBSTITUTION EFFECT SURPLUS VALUE TARIFF BARRIERS TAX REVENUES TERMS OF TRADE TOTAL FACTOR PRODUCTIVITY TRADE BALANCE TRANSACTIONS COSTS TRANSITION ECONOMIES UNEMPLOYMENT URUGUAY ROUND WAGE RIGIDITIES WEALTH WORLD TRADE ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2000/08/443563/foreign-direct-investment-services-domestic-market-expertise http://hdl.handle.net/10986/19798

Foreign Direct Investment in Services and the Domestic Market for Expertise

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