FDI and human capital in the USA: is FDI in different industries created equal?
Format of Original
Taylor & Francis (Routledge)
Applied Economics Letters
We use data in the USA to study the effect of inward Foreign Direct Investment (FDI) in different sectors/industries on the state-level human capital, measured by the average years of tertiary schooling. We find that inward manufacturing FDI tends to lower the tertiary schooling in a host state while information FDI increases the tertiary schooling in a host state.