The Effect of Inward and Outward FDI on the Unemployment Rate of Developing Countries

被引:0
|
作者
Son, Jung-Min [1 ]
Yang, Young-Soo [2 ]
机构
[1] Inje Univ, Dept Management, Gimhae, South Korea
[2] Hanshin Univ, Div Global Business, Osan, South Korea
来源
JOURNAL OF KOREA TRADE | 2024年 / 28卷 / 03期
关键词
Developing Countries; Inward Foreign Direct Investment; Outward Foreign Direct Investment; The Education Level; Unemployment Rate; FOREIGN DIRECT-INVESTMENT; DOMESTIC FIRMS; PANEL-DATA; GLOBALIZATION; EMPLOYMENT; CONTRIBUTE; CORRUPTION;
D O I
10.35611/jkt.2024.28.3.71
中图分类号
F [经济];
学科分类号
02 ;
摘要
Purpose - This study empirically analyzes the relationship between inward and outward FDI and unemployment. Specifically, we examine the effects of foreign direct investment (FDI) inflows and outf lows on the unemployment rate using panel data from 68 developing countries from 2012 to 2021. Design/Methodology - Using a dataset of 68 developing countries from 2012 to 2021 which was analyzed by the system GMM method. Findings - The results show that inward FDI is positively related to the unemployment rate, while outward FDI is negatively related to it. We further examined the effect of inward and outward FDI on the unemployment rate by education level. By dividing the unemployment rate by the education level, the relationship between FDI and unemployment was closely analyzed. Originality/value - This finding of this study highlights the significance of considering the educational level of workers when analyzing the relationship between both inward and outward FDI and unemployment rate in developing countries
引用
收藏
页数:124
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