The author only deals with foreign direct investment because foreign portfolio investment is almost nonexistent because of the underdevelopment of the stock market in Vietnam.
We assess the effect of globalization on income inequality within countries, focusing on the influence of accumulated foreign direct investment stocks.
The ratio of foreign direct investment to gross domestic product is unrelated to the distribution of incomes in both developing and developed countries.
Foreign direct investment (FDI) and the new information and communications technology (ICT) have gained significant grounds in many parts of the world in somewhat parallel fashion.
Foreign direct investment (FDI) and the new information and communications technology (ICT) have gained significant grounds in many parts of the world in somewhat parallel fashion.
The objective of this paper is to assess the proposition that the level of technological achievement and diffusion is a determining factor in attracting FDI in high-income countries.
The empirical results obtained provide strong evidence that technology diffusion of new instruments of ICT, such as mobile phones and Internet hosts, are major pull factors of FDI.
The results also provide evidence that robust economic environment, low unit cost, and high degree of openness are other essential determinants of FDI.
The author only deals with foreign direct investment because foreign portfolio investment is almost nonexistent because of the underdevelopment of the stock market in Vietnam.
We assess the effect of globalization on income inequality within countries, focusing on the influence of accumulated foreign direct investment stocks.
The ratio of foreign direct investment to gross domestic product is unrelated to the distribution of incomes in both developing and developed countries.
Foreign direct investment (FDI) and the new information and communications technology (ICT) have gained significant grounds in many parts of the world in somewhat parallel fashion.
By examining the contribution schedules under a framework of bilateral direct investments, we find that the modified Ramsey rule still holds under our setting.
Foreign direct investments (or FDIs) have been employed since the early 1980s and they have become more and more important in Chinese economic development.