Record Details

The Relationship between Education and Foreign Direct Investment: Testing the Inverse U Shape

European Journal of Economic and Political Studies

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Field Value
 
Title The Relationship between Education and Foreign Direct Investment: Testing the Inverse U Shape
 
Creator Mustafa Seref Akin
Valerica Vlad
 
##plugins.schemas.dc.fields.affiliation.name## Fatih University
Penn State University
 
##plugins.schemas.dc.fields.email.name## msakin2000@yahoo.com
vuv2@psu.edu
 
Description The Zhang-Markusen (ZM) theory hypothesizes an inverse U-shaped relationship between human capital and foreign direct investment (FDI). Therefore, low wage countries with low human capital cannot attract FDI. To test this hypothesis, we regress FDI on educational levels across countries while grouping them in different income cohorts. Our findings partly support ZM. Rich countries with high human capital and poor countries with low human capital demonstrate an inverse correlation between FDI and human capital proxies. However, for middle-income and upper middle-income countries, human capital (especially tertiary education) has a positive relationship with FDI.
 
Subject Human Capital; U shape; FDI; Least Developed Countries.
 
##plugins.schemas.dc.fields.jel.name## F21, I25, J24.
 
Source European Journal of Economic and Political Studies
 
##plugins.schemas.dc.fields.year.name## 2011
 
##plugins.schemas.dc.fields.volume.name## 4
 
##plugins.schemas.dc.fields.issue.name## 1
 
##plugins.schemas.dc.fields.pages.name## 27-46
 
##plugins.schemas.dc.fields.pdfurl.name## http://www.ejeps.com/index.php/ejeps/article/download/65/65
 
Format application/pdf
 
Publisher Fatih University
 
Contributor —
 
Date 2016-02-03
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Identifier http://www.ejeps.com/index.php/ejeps/article/view/65
 
##plugins.schemas.dc.fields.onlineissn.name## 1307-6035
 
##plugins.schemas.dc.fields.printissn.name## 1307-6000
 
Language eng
 
Relation http://www.ejeps.com/index.php/ejeps/article/view/65/65
 
Rights Copyright (c) 2016 European Journal of Economic and Political Studies
http://creativecommons.org/licenses/by-nc-nd/4.0