NDLI: FDI and income inequality : evidence from a panel of US states

Content Provider	Semantic Scholar
Author	Chintrakarn, Pandej Herzer, Dierk Nunnenkamp, Peter
Copyright Year	2010
Abstract	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, cross-sectional dependence, and endogenous regressors, we find that the short-run effects of FDI on income inequality are insignificant or weakly significant and negative. In the long run, however, 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 the long run 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.
File Format	PDF HTM / HTML
Alternate Webpage(s)	http://www.ifw-members.ifw-kiel.de/publications/fdi-and-income-inequality-evidence-from-a-panel-of-us-states-1/KWP_1579_Herzer%20Pandej.pdf
Alternate Webpage(s)	https://www.econstor.eu/bitstream/10419/30062/1/618603700.pdf
Language	English
Access Restriction	Open
Subject Keyword	Cross-sectional data Direct inward dial Exhibits as Topic Fault detection and isolation Foreign Bodies Panel data Social inequality physical hard work
Content Type	Text
Resource Type	Article

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