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)onec

2、onomicgrowthinacross-countryregressionframework,utilizingdataonFDIflowsfromindustrialcountriesto69developingcountriesoverthelasttwodecades.OurresultssuggestthatFDIisanimportantvehicleforthetransferoftechnology,contributingrelativelymoretogrowththandomesticinv

3、estment.However,thehigherproductivityofFDIholdsonlywhenthehostcountryhasaminimumthresholdstockofhumancapital.Thus,FDIcontributestoeconomicgrowthonlywhenasufficientabsorptivecapabilityoftheadvancedtechnologiesisavailableinthehosteconomy.一、IntroductionTechnolog

4、ydiffusionplaysacentralroleintheprocessofeconomicdevelopment.Incontrasttothetraditionalgrowthframework,wheretechnologicalchangewasleftasanunexplainedresidual,therecentgrowthliteraturehashighlightedthedependenceofgrowthratesonthestateofdomestictechnologyrelati

5、vetothatoftherestoftheworld.Thus,growthratesindevelopingcountriesare,inpart,explainedbya‘catch-up’processintheleveloftechnology.Inatypicalmodeloftechnologydiffusion,therateofeconomicgrowthofabackwardcountrydependsontheextentofadoptionandimplementationofnewtec

6、hnologiesthatarealreadyinuseinleadingcountries.Technologydiffusioncantakeplacethroughavarietyofchannelsthatinvolvethetransmissionofideasandnewtechnologies.Importsofhigh-technologyproducts,adoptionofforeigntechnologyandacquisitionofhumancapitalthroughvariousme

7、ansarecertainlyimportantconduitsfortheinternationaldiffusionoftechnology.Besidesthesechannels,foreigndirectinvestmentbymultinationalcorporations(MNCs)isconsideredtobeamajorchannelfortheaccesstoadvancedtechnologiesbydevelopingcountries.MNCsareamongthemosttechn

8、ologicallyadvancedfirms,accountingforasubstantialpartoftheworld’sresearchanddevelopment(RandD)investment.Somerecentworkoneconomicgrowthhashighlightedtheroleofforeigndirectinvestmentinthet