外商直接投资怎样影响经济的增长外文翻译

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1、本科毕业论文外文翻译外文题目：Howdoesforeigndirectinvestmentaffecteconomicgrowth出处：JournalofInternationalEconomics45(1998)115-135作者：E.Borensztein,J.DeGregorio,J-W.LeeHowdoesforeigndirectinvestmentaffecteconomicgrowth?AbstractWetesttheeffectofforeigndirectinvestment(FDI)oneconomicgrowthinacross-countryregression

2、framework,utilizingdataonFDIflowsfromindustrialcountriesto69developingcountriesoverthelasttwodecades.OurresultssuggestthatFDIisanimportantvehicleforthetransferoftechnology,contributingrelativelymoretogrowththandomesticinvestment.However,thehigherproductivityofFDIholdsonlywhenthehostcountryhasamin

3、imumthresholdstockofhumancapital.Thus,FDIcontributestoeconomicgrowthonlywhenasufficientabsorptivecapabilityoftheadvancedtechnologiesisavailableinthehosteconomy.一、IntroductionTechnologydiffusionplaysacentralroleintheprocessofeconomicdevelopment.Incontrasttothetraditionalgrowthframework,wheretechno

4、logicalchangewasleftasanunexplainedresidual,therecentgrowthliteraturehashighlightedthedependenceofgrowthratesonthestateofdomestictechnologyrelativetothatoftherestoftheworld.Thus,growthratesindevelopingcountriesare,inpart,explainedbya‘catch-up’processintheleveloftechnology.Inatypicalmodeloftechnol

5、ogydiffusion,therateofeconomicgrowthofabackwardcountrydependsontheextentofadoptionandimplementationofnewtechnologiesthatarealreadyinuseinleadingcountries.Technologydiffusioncantakeplacethroughavarietyofchannelsthatinvolvethetransmissionofideasandnewtechnologies.Importsofhigh-technologyproducts,ad

6、optionofforeigntechnologyandacquisitionofhumancapitalthroughvariousmeansarecertainlyimportantconduitsfortheinternationaldiffusionoftechnology.Besidesthesechannels,foreigndirectinvestmentbymultinationalcorporations(MNCs)isconsideredtobeamajorchannelfortheaccesstoadvancedtechnologiesbydevelopingcou

7、ntries.MNCsareamongthemosttechnologicallyadvancedfirms,accountingforasubstantialpartoftheworld’sresearchanddevelopment(RandD)investment.Somerecentworkoneconomicgrowthhashighlightedtheroleofforeigndirectinvestmentinthet