Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore
Singapore is an interesting example of how the pattern of foreign investment changes with economic development. The authors analyze inbound and outbound investment between Singapore and a sample of industrialized and developing countries over the p...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090602084519 http://hdl.handle.net/10986/4143 |
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okr-10986-41432021-04-23T14:02:15Z Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore Chellaraj, Gnanaraj Maskus, Keith E. Mattoo, Aaditya ACCOUNTING ADMINISTRATION OF JUSTICE AFFILIATED ORGANIZATIONS AGRICULTURE ANONYMOUS REVIEWERS BANK CREDIT BILATERAL TRADE CAPITAL MARKETS CAPITAL STOCK COMPETITIVENESS CONSTANT RETURNS TO SCALE COURNOT COMPETITION DERIVATIVES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DIRECT EQUITY INVESTMENT DOMESTIC CAPITAL DOMESTIC CONSUMPTION ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMICS RESEARCH ECONOMIES OF SCALE EQUILIBRIUM THEORY EQUIPMENT EQUITY INVESTMENT EXCHANGE RATE EXCHANGE RATES EXPORTS FINANCIAL CRISIS FINANCIAL INVESTMENTS FIXED COSTS FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EQUITY FOREIGN FIRMS FOREIGN INVESTMENT GDP GDP DEFLATOR GLOBALIZATION GOVERNMENT POLICY GROSS DOMESTIC PRODUCT GROWTH RATE HOLDING HOMOGENEOUS GOODS HOST COUNTRIES HOST COUNTRY HUMAN CAPITAL HUMAN RESOURCE INCOME INCOMES INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIALIZATION INSTITUTIONAL BARRIER INSTITUTIONAL BARRIERS INSTRUMENT INTELLECTUAL PROPERTY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMICS INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL FIRMS INTERNATIONAL INVESTMENT INTERNATIONAL TRADE INVESTING INVESTMENT ACTIVITIES INVESTMENT BARRIERS INVESTMENT BEHAVIOR INVESTMENT CLIMATE INVESTMENT FORUMS INVESTMENT INCENTIVES INVESTMENT PATTERNS INVESTMENT PERFORMANCE JOINT VENTURES LABOR FORCE LOCAL BANK LOCAL CURRENCIES LOCAL CURRENCY LOCAL MARKETS LOW COST LOW INCOMES MARKET CONDITIONS MARKET DEMAND MARKET SIZE MARKETING MERGERS MONETARY FUND MULTINATIONAL FIRMS NEWLY INDUSTRIALIZED COUNTRY POLITICAL ECONOMY POLITICAL STABILITY PORTFOLIO PORTFOLIO INVESTMENT POSITIVE COEFFICIENT PRODUCTIVITY PROTECTIONISM RAPID DEVELOPMENT RAPID GROWTH REAL GDP REAL GROSS DOMESTIC PRODUCT REGRESSION ANALYSIS RETURNS SALES SKILL DEVELOPMENT STOCKS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRUST FUND UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGE WAGES WTO Singapore is an interesting example of how the pattern of foreign investment changes with economic development. The authors analyze inbound and outbound investment between Singapore and a sample of industrialized and developing countries over the period 1984-2003. They find that Singapore s two-way investment with industrialized nations has shifted into skill-seeking activities over the period, while Singapore s investments in developing countries have increased sharply and become concentrated in labor-seeking activities. Singapore s increasing skill abundance relative to all countries in the sample accounted for 41 percent of average inbound stocks during the period, that is, US$18 billion annually; the corresponding figure for outbound stocks was 40 percent, that is, US$5.51 billion annually. 2012-03-19T19:10:43Z 2012-03-19T19:10:43Z 2009-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090602084519 http://hdl.handle.net/10986/4143 English Policy Research working paper ; no. WPS 4950 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper East Asia and Pacific East Asia and Pacific Southeast Asia Asia Singapore |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING ADMINISTRATION OF JUSTICE AFFILIATED ORGANIZATIONS AGRICULTURE ANONYMOUS REVIEWERS BANK CREDIT BILATERAL TRADE CAPITAL MARKETS CAPITAL STOCK COMPETITIVENESS CONSTANT RETURNS TO SCALE COURNOT COMPETITION DERIVATIVES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DIRECT EQUITY INVESTMENT DOMESTIC CAPITAL DOMESTIC CONSUMPTION ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMICS RESEARCH ECONOMIES OF SCALE EQUILIBRIUM THEORY EQUIPMENT EQUITY INVESTMENT EXCHANGE RATE EXCHANGE RATES EXPORTS FINANCIAL CRISIS FINANCIAL INVESTMENTS FIXED COSTS FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EQUITY FOREIGN FIRMS FOREIGN INVESTMENT GDP GDP DEFLATOR GLOBALIZATION GOVERNMENT POLICY GROSS DOMESTIC PRODUCT GROWTH RATE HOLDING HOMOGENEOUS GOODS HOST COUNTRIES HOST COUNTRY HUMAN CAPITAL HUMAN RESOURCE INCOME INCOMES INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIALIZATION INSTITUTIONAL BARRIER INSTITUTIONAL BARRIERS INSTRUMENT INTELLECTUAL PROPERTY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMICS INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL FIRMS INTERNATIONAL INVESTMENT INTERNATIONAL TRADE INVESTING INVESTMENT ACTIVITIES INVESTMENT BARRIERS INVESTMENT BEHAVIOR INVESTMENT CLIMATE INVESTMENT FORUMS INVESTMENT INCENTIVES INVESTMENT PATTERNS INVESTMENT PERFORMANCE JOINT VENTURES LABOR FORCE LOCAL BANK LOCAL CURRENCIES LOCAL CURRENCY LOCAL MARKETS LOW COST LOW INCOMES MARKET CONDITIONS MARKET DEMAND MARKET SIZE MARKETING MERGERS MONETARY FUND MULTINATIONAL FIRMS NEWLY INDUSTRIALIZED COUNTRY POLITICAL ECONOMY POLITICAL STABILITY PORTFOLIO PORTFOLIO INVESTMENT POSITIVE COEFFICIENT PRODUCTIVITY PROTECTIONISM RAPID DEVELOPMENT RAPID GROWTH REAL GDP REAL GROSS DOMESTIC PRODUCT REGRESSION ANALYSIS RETURNS SALES SKILL DEVELOPMENT STOCKS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRUST FUND UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGE WAGES WTO |
| spellingShingle |
ACCOUNTING ADMINISTRATION OF JUSTICE AFFILIATED ORGANIZATIONS AGRICULTURE ANONYMOUS REVIEWERS BANK CREDIT BILATERAL TRADE CAPITAL MARKETS CAPITAL STOCK COMPETITIVENESS CONSTANT RETURNS TO SCALE COURNOT COMPETITION DERIVATIVES DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DIRECT EQUITY INVESTMENT DOMESTIC CAPITAL DOMESTIC CONSUMPTION ECONOMIC DEVELOPMENT ECONOMIC INTEGRATION ECONOMICS RESEARCH ECONOMIES OF SCALE EQUILIBRIUM THEORY EQUIPMENT EQUITY INVESTMENT EXCHANGE RATE EXCHANGE RATES EXPORTS FINANCIAL CRISIS FINANCIAL INVESTMENTS FIXED COSTS FOREIGN CAPITAL FOREIGN DIRECT INVESTMENT FOREIGN EQUITY FOREIGN FIRMS FOREIGN INVESTMENT GDP GDP DEFLATOR GLOBALIZATION GOVERNMENT POLICY GROSS DOMESTIC PRODUCT GROWTH RATE HOLDING HOMOGENEOUS GOODS HOST COUNTRIES HOST COUNTRY HUMAN CAPITAL HUMAN RESOURCE INCOME INCOMES INCREASING RETURNS INCREASING RETURNS TO SCALE INDUSTRIALIZATION INSTITUTIONAL BARRIER INSTITUTIONAL BARRIERS INSTRUMENT INTELLECTUAL PROPERTY INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL ECONOMICS INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL FIRMS INTERNATIONAL INVESTMENT INTERNATIONAL TRADE INVESTING INVESTMENT ACTIVITIES INVESTMENT BARRIERS INVESTMENT BEHAVIOR INVESTMENT CLIMATE INVESTMENT FORUMS INVESTMENT INCENTIVES INVESTMENT PATTERNS INVESTMENT PERFORMANCE JOINT VENTURES LABOR FORCE LOCAL BANK LOCAL CURRENCIES LOCAL CURRENCY LOCAL MARKETS LOW COST LOW INCOMES MARKET CONDITIONS MARKET DEMAND MARKET SIZE MARKETING MERGERS MONETARY FUND MULTINATIONAL FIRMS NEWLY INDUSTRIALIZED COUNTRY POLITICAL ECONOMY POLITICAL STABILITY PORTFOLIO PORTFOLIO INVESTMENT POSITIVE COEFFICIENT PRODUCTIVITY PROTECTIONISM RAPID DEVELOPMENT RAPID GROWTH REAL GDP REAL GROSS DOMESTIC PRODUCT REGRESSION ANALYSIS RETURNS SALES SKILL DEVELOPMENT STOCKS TECHNICAL ASSISTANCE TELECOMMUNICATIONS TRUST FUND UNEMPLOYMENT UNEMPLOYMENT RATE UNEMPLOYMENT RATES WAGE WAGES WTO Chellaraj, Gnanaraj Maskus, Keith E. Mattoo, Aaditya Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore |
| geographic_facet |
East Asia and Pacific East Asia and Pacific Southeast Asia Asia Singapore |
| relation |
Policy Research working paper ; no. WPS 4950 |
| description |
Singapore is an interesting example of
how the pattern of foreign investment changes with economic
development. The authors analyze inbound and outbound
investment between Singapore and a sample of industrialized
and developing countries over the period 1984-2003. They
find that Singapore s two-way investment with industrialized
nations has shifted into skill-seeking activities over the
period, while Singapore s investments in developing
countries have increased sharply and become concentrated in
labor-seeking activities. Singapore s increasing skill
abundance relative to all countries in the sample accounted
for 41 percent of average inbound stocks during the period,
that is, US$18 billion annually; the corresponding figure
for outbound stocks was 40 percent, that is, US$5.51 billion annually. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Chellaraj, Gnanaraj Maskus, Keith E. Mattoo, Aaditya |
| author_facet |
Chellaraj, Gnanaraj Maskus, Keith E. Mattoo, Aaditya |
| author_sort |
Chellaraj, Gnanaraj |
| title |
Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore |
| title_short |
Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore |
| title_full |
Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore |
| title_fullStr |
Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore |
| title_full_unstemmed |
Labor Skills and Foreign Investment in a Dynamic Economy : Estimating the Knowledge-Capital Model for Singapore |
| title_sort |
labor skills and foreign investment in a dynamic economy : estimating the knowledge-capital model for singapore |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090602084519 http://hdl.handle.net/10986/4143 |
| _version_ |
1764390111534907392 |