FDI AND INCOME INEQUALITY: EVIDENCE FROM A PANEL OF US STATES

被引：64

作者：

Chintrakarn, Pandej ^{[1
]}

Herzer, Dierk ^{[2
]}

Nunnenkamp, Peter ^{[3
]}

机构：

[1] Mahidol Univ Int Coll, Business Adm Div, 999 Salaya, Phutthamonthon 73170, Nakhon Pathom, Thailand

[2] Univ Hamburg, Dept Econ, D-22043 Hamburg, Germany

[3] Kiel Inst World Econ, D-24100 Kiel, Germany

来源：

ECONOMIC INQUIRY | 2012年 / 50卷 / 03期

关键词：

FOREIGN DIRECT-INVESTMENT; MULTINATIONAL-ENTERPRISES; UNITED-STATES; HETEROGENEOUS PANELS; WAGE INEQUALITY; COINTEGRATION; TESTS; MEXICO; GROWTH; SHARES;

D O I：

10.1111/j.1465-7295.2011.00384.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This study employs state-level panel data to explore the relationship between inward foreign direct investment (FDI) and income inequality in the United States. Using panel cointegration techniques that allow for cross-sectional heterogeneity and cross-sectional dependence, we find that, in the long run, FDI exerts a significant and robust negative effect on income inequality in the United States. This result for the United States as a whole does not imply that FDI narrows income gaps in each individual state. There is considerable heterogeneity in the long-run effects of FDI on income inequality across states, with some states (21 out of 48 cases) exhibiting a positive relationship between FDI in income inequality.(JEL F21, D31, C23)

引用

页码：788 / 801

页数：14

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