Creating jobs at home by investing overseas – a counterintuitive truth

Crescenzi, Riccardo ORCID: 0000-0003-0465-9796, Ganau, Roberto and Storper, Michael ORCID: 0000-0002-8354-792X (2021) Creating jobs at home by investing overseas – a counterintuitive truth. USApp – American Politics and Policy Blog (29 May 2021). Blog Entry.

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Abstract

Firms with direct investment in other countries create jobs at home. This is a counterintuitive fact that defies political thinking, especially in these rapidly changing times of populism and cries against global economic integration. Riccardo Crescenzi, Roberto Ganau, and Michael Storper study the number of jobs new foreign direct investment by domestic companies creates abroad, in comparison with local employment levels. They find a positive effect on domestic local employment, with a potential downside: intra-regional inequalities.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/usappblog/
Additional Information:	© 2021 The Authors
Divisions:	Geography & Environment
Subjects:	H Social Sciences > HV Social pathology. Social and public welfare. Criminology J Political Science > JK Political institutions (United States)
Date Deposited:	02 Aug 2021 14:27
Last Modified:	11 Dec 2024 20:48
URI:	http://eprints.lse.ac.uk/id/eprint/111395

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