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State based factors affecting inward FDI employment in the U.S. Economy

Lucyna Kornecki · E. M. Ekanayake Ekanayake

International Journal of Research in Business and Social Science · 2011 · Vol. 1 / Issue 1 · 1-20

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Overview

Abstract


 
 
 This empirical research investigates state based factors affecting the inward FDI employment among fifty states of the United States, uses annual data for the period of time from 1997 to 2007 and identifies several state-specific determinants of FDI employment. The results indicate that the major factors exerting positive impact on inward US FDI employment are: real wages, infrastructure, unionization level, educational attainment, FDI stock and manufacturing density. In addition, the results show that gross state product growth rate, real per capita taxes and share of scientists and engineers have negative impact on FDI employment. Our findings indicate the importance of selected variables in evaluating the effects of FDI flow
 
 

Authors & affiliations

Lucyna Kornecki
Affiliation not supplied

E. M. Ekanayake Ekanayake
Affiliation not supplied

Deposited references

Supplied references, not a list of publications citing this article.

Ajaga, E. & Nunnen, P. (2008, May) Inward FDI, Value Added and Employment in US States: A Panel Cointegration Approach* Kiel Working Paper No. 1420. Available at: www.ifw-members.ifw-kiel.de/publications/.../KWP_final.pdf

DOI: 10.1080/08853900591007438

Axarloglou, K. & Pournarakis, M. (2005, July 20) Do All Foreign Direct Investments Benefit the Local Economy. The World Economy: Second Revision. Epanomi, Greece. Pages 1-2.

DOI: 10.1057/eej.2010.5

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Bode, E. & Nunnenkamp P. (2007, August) Does Foreign Direct Investment Promote Regional Development in Developed Countries? A Markov Chain Approach for US States. Kiel Working Paper No. 1374.

Borstorff, P. C., Collum, T. H., & Newton, S. (2007) FDI in the Southern U.S: a Case Study of the Alabama and the Automotive Sector Allied Academies International Conference. Proceedings of the International Academy for Case Studies, Volume 14, Number 1 Jacksonville.

DOI: 10.2307/2109406

DOI: 10.1016/0022-1996(94)01351-R

DOI: 10.1016/S0166-0462(98)00029-5

Regional Science and Urban Economics , Vol. 29. Pages 197-218 Reference to a web source:

Kearney’s FDI Confidence Index (http://www.atkearney.com/gbpc/foreign-direct-investment-confidence-index). (http://www.areadevelopment.com/LocationUSA/).

National Science Foundation, Division of Science Resources Statistics, Science and Engineering Indicators (http://www.nsf.gov/statistics/seind10/).

The U.S. Department of Commerce. Annual Survey of State Government Finances (http://www.census.gov/govs/state/).

The U.S. Department of Commerce, Bureau of Economic Analysis (BEA) (http://www.bea.gov).

The U.S. Department of Labor, Bureau of Labor Statistics (http://www.bls.gov).

The U.S. Census Bureau (http://www.census.gov).

Union Membership and Coverage Database from the CPS (http://www.unionstats.com).