The technology spillover effect of foreign direct investment, the cumulative effect of human capital of labor transfer, and economic growth
Department of International Trade
The Overseas Chinese Institute of Technology
No. 100 Chiao Kwang Rd.
School of Economics
Yangtze University China
Hwu Bei Nong Tsuen Research Center
The free fluxion of the production factor plays a significant role in promoting the world economic development. This paper built up a human capital economy growth model that includes foreign direct investment, and discuss the conditions of the balance economic growth and reveal what caused the economic development discrepancy in the region.
Keywords and phrases : Labor transfer, human capital, economic growth, foreign direct investment.