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  • 2012 Summer: Volume 10, Issue 1
  • The Effects of Human Capital on Attracting Foreign Direct Investment

    • Hossein Varamini ;
    • Stephen McGonigle ;
    • Dena Memari

    Title:

    The Effects of Human Capital on Attracting Foreign Direct Investment

    Author(s):

    Hossein Varamini
    Stephen McGonigle
    Dena Memari

    Publication Date:

    2012

    Journal Title:

    The Journal of Finance Issues

    Volume Number:

    10

    Issue Number:

    1

    Abstract:

    The main purpose of this study is to use cross sectional analysis to examine the effects of three alternative proxies for human capital on attracting FDI inflows and FDI stocks for 114 different countries. The results of this study is consistent with the market-seeking motive of FDI and supports the notion that countries with higher levels of human capital, as measured by school life expectancy or the gross enrollment at schools have been able to attract significant foreign capital into their economies.

    First Page:

    119

    Last Page:

    127

    Total Pages:

    8