search query: @author Pain, N. / total: 5
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| Author: | Barrell, R. Pain, N. |
| Title: | Foreign direct investment, technological change, and economic growth within Europe |
| Journal: | Economic Journal
1997 : NOV, VOL. 106:445, p. 1770-1786 |
| Index terms: | FOREIGN INVESTMENT TECHNOLOGICAL CHANGE ECONOMIC GROWTH EUROPE |
| Language: | eng |
| Abstract: | Changing patterns of demand for products change the pattern of locational advantage. The process of growth and decline of countries and regions is not autonomous. There is a growing body of research into the relationships between trade, investment and economic growth in Europe. Industrial policies, trade policies and other developments within regional economic groups affect patterns of advantage because they change the environment within which firms operate. This paper argues that foreign direct investment can act as an important channel for the diffusion of ideas and new innovations even between developed economies. |
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