The Role of Skill Endowments in the Structure of U.S. Outward Foreign Direct Investment
实证研究美国对外直接投资的行业和国家决定因素，发现其结构反映国家技能劳动丰裕度与行业技能劳动密集度的互动，符合比较优势，同时市场准入也起重要作用。
This paper reports the results of an empirical study of the industry and country determinants of U.S. outward foreign direct investment (FDI). These results contribute to the literature in two dimensions. First, they demonstrate that the structure of U.S. FDI reflects an interaction between country skilled-labor abundance and industry skilled-labor intensities that is consistent with comparative advantage. Second, they confirm the results of early studies that market access plays an important role in the structure of U.S. FDI. Together these results paint a broad picture of the structure of U.S. FDI that casts light on the predictions of the theory of multinational enterprise. © 2003 President and Fellows of Harvard College and the Massachusetts Institute of Technology.