The technology spillover effect of foreign direct investment, the cumulative effect of human capital of labor transfer, and economic growth
Chang-Hsing
Chang
Department
of International Trade
The
Overseas Chinese Institute of Technology
No.
100 Chiao Kwang Rd.
Taichung
407
Taiwan,
R.O.C.
Zhang
Ming-Ru
School
of Economics
Yangtze
University China
Hwu
Bei Nong Tsuen Research Center
R.O.C.
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.