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Education Commons

Open Access. Powered by Scholars. Published by Universities.®

2018

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Higher Education

Angelo King Institute for Economic and Business Studies (AKI)

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Linking Global Competitiveness, Higher Education, And Foreign Direct Investment Inflows, Rhesty R. Biares, Tereso S. Tullao Jr Jan 2018

Linking Global Competitiveness, Higher Education, And Foreign Direct Investment Inflows, Rhesty R. Biares, Tereso S. Tullao Jr

Angelo King Institute for Economic and Business Studies (AKI)

Foreign Direct Investments (FDI) has contributed to the accumulation of capital and the improvement of the economy’s productive capacity through the incorporation of new inputs and modern technologies in the production process. Neoclassical and endogenous growth models have been widely used to empirically test the benefits of FDI (Almfraji & Almsafir, 2014). However, results of testing theoretical benefits are varying from regions, countries, and industries. Conflicting relationships and impacts range from significant to non-significant, positive to negative impacts, directly or indirectly. Despite that, FDI inflows have still been recognized to influence employment and wages, infrastructure development, human capital development, technology …