English, Article, Journal or magazine article edition: Labor Skills and Foreign Direct Investment in a Dynamic Economy: Estimating the Knowledge-Capital Model for Singapore Gnanaraj Chellaraj; Keith E. Maskus; Aaditya Mattoo

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Bookmark: http://trove.nla.gov.au/version/148231
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Labor Skills and Foreign Direct Investment in a Dynamic Economy: Estimating the Knowledge-Capital Model for Singapore
Author
  • Gnanaraj Chellaraj
  • Keith E. Maskus
  • Aaditya Mattoo
Physical Description
  • preprint
Notes
  • In this paper we analyze changes in the inbound and outbound investment between Singapore and a sample of industrialized and developing countries. The nature of Singapore's two-way investment with the industrialized nations has shifted into skill-seeking activities over the period, while Singapore's investments in developing countries have increased sharply and become concentrated in labor-seeking activities. Over the 1984-2003 period, as host Singapore became skill abundant relative to parent industrialized countries, average inbound investment stocks from these countries increased by US$ 24.8 billion annually, while the corresponding figure for outbound stocks to host developing countries was US$ 9.5 billion.
  • RePEc:ewc:wpaper:wp100
Language
  • English
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