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dc.contributor.authorAjaga, Eliasen_US
dc.contributor.authorNunnenkamp, Peteren_US
dc.date.accessioned2009-01-28T14:29:24Z-
dc.date.available2009-01-28T14:29:24Z-
dc.date.issued2008en_US
dc.identifier.citationKiel working paper Institut für Weltwirtschaft, Kiel 1420en_US
dc.identifier.urihttp://hdl.handle.net/10419/4290-
dc.description.abstractThis study investigates the long-run relationships between inward FDI and economic outcomes in terms of value added and employment at the level of US states. Johansen's (1988) cointegration technique and Toda and Yamamoto's (1995) Granger causality tests are applied to data for the period of 1977 to 2001. We find cointegration as well as two-directional causality between FDI and outcome variables. This holds for both measures of FDI (stocks and employment in foreign affiliates) and independently of whether we consider the states' overall economy or their manufacturing sector.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesKieler Arbeitspapiere 1420en_US
dc.subject.jelO51en_US
dc.subject.jelF23en_US
dc.subject.jelO18en_US
dc.subject.ddc330-
dc.subject.keywordFDI stocksen_US
dc.subject.keywordFDI-related employment-
dc.subject.keywordGross state product-
dc.subject.keywordManufacturing-
dc.subject.keywordGranger causality-
dc.subject.stwDirektinvestitionen_US
dc.subject.stwAusländischen_US
dc.subject.stwTeilstaaten_US
dc.subject.stwWertschöpfungen_US
dc.subject.stwBeschäftigungseffekten_US
dc.subject.stwRegionale Entwicklungen_US
dc.subject.stwUSAen_US
dc.titleInward FDI, value added and employment in US states: A panel cointegration approachen_US
dc.typeWorking Paperen_US
dc.identifier.ppn56565912Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Publikationen von Forscherinnen und Forschern des IfW
Kieler Arbeitspapiere, IfW

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