Publication:
Fdi and income inequality: Evidence from a panel of U.S. states

dc.contributor.authorPandej Chintrakarnen_US
dc.contributor.authorDierk Herzeren_US
dc.contributor.authorPeter Nunnenkampen_US
dc.contributor.otherMahidol Universityen_US
dc.contributor.otherHelmut Schmidt University - University of the Federal Armed Forces Hamburgen_US
dc.contributor.otherInstitut fur Weltwirtschaft an der Universitat Kielen_US
dc.date.accessioned2018-06-11T04:41:04Z
dc.date.available2018-06-11T04:41:04Z
dc.date.issued2012-07-01en_US
dc.description.abstractThis 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 and cross-sectional dependence, we find that, in the long run, 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 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.(JEL F21, D31, C23) © 2011 Western Economic Association International.en_US
dc.identifier.citationEconomic Inquiry. Vol.50, No.3 (2012), 788-801en_US
dc.identifier.doi10.1111/j.1465-7295.2011.00384.xen_US
dc.identifier.issn14657295en_US
dc.identifier.issn00952583en_US
dc.identifier.other2-s2.0-84863544804en_US
dc.identifier.urihttps://repository.li.mahidol.ac.th/handle/20.500.14594/13888
dc.rightsMahidol Universityen_US
dc.rights.holderSCOPUSen_US
dc.source.urihttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84863544804&origin=inwarden_US
dc.subjectBusiness, Management and Accountingen_US
dc.subjectEconomics, Econometrics and Financeen_US
dc.titleFdi and income inequality: Evidence from a panel of U.S. statesen_US
dc.typeArticleen_US
dspace.entity.typePublication
mu.datasource.scopushttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=84863544804&origin=inwarden_US

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