WorldCat Identities

Blomström, Magnus 1952-

Works: 163 works in 820 publications in 3 languages and 10,620 library holdings
Genres: Conference papers and proceedings 
Roles: Author, Editor, Other
Publication Timeline
Most widely held works about Magnus Blomström
Most widely held works by Magnus Blomström
Development theory in transition : the dependency debate and beyond : Third World responses by Magnus Blomström( Book )

28 editions published between 1976 and 1988 in English and Arabic and held by 474 WorldCat member libraries worldwide

Does foreign direct investment promote development? by Theodore H Moran( Book )

14 editions published in 2005 in English and Undetermined and held by 427 WorldCat member libraries worldwide

What is the impact of foreign direct investment (FDI) on development? The answer is important for the lives of millions-if not billions-of workers, families, and communities in the developing world. The answer is crucial for policymakers in developing and developed countries, and in multilateral agencies. This volume gathers together the cutting edge of new research on FDI and host country economic performance and presents the most sophisticated critiques of current and past inquiries. It probes the limits of what can be determined from available evidence and from innovative investigative techniques. In addition, the book presents new results, concludes with an analysis of the implications for contemporary policy debates, and proposes new avenues for future research
Japan's new economy : continuity and change in the twenty-first century by Magnus Blomström( Book )

14 editions published between 2001 and 2003 in English and held by 364 WorldCat member libraries worldwide

Japan's economy stumbled in the 1990s. After four decades of rapid growth that transformed Japan into a wealthy country at the world's technological frontier, the last decade brought prolonged economic stagnation. The rapid run-up in asset prices in the late 1980s, followed by their collapse in the early 1990s, left a debt overhang that paralyzed the banking sector. Policy reforms were initially half-hearted, and businesses were slow to restructure as the global economy changed. The lagging economy has seemed impervious to aggressive fiscal stimulus measures and is still plagued by ongoing price deflation. Japan's struggle has called into question the ability of the country's economic institutions - originally designed to support factor accumulation and rapid development - to adapt to the new economic environment of the 21st century
Topics in empirical international economics : a festschrift in honor of Robert E. Lipsey by Magnus Blomström( Book )

19 editions published between 2000 and 2009 in English and held by 313 WorldCat member libraries worldwide

In this volume emanating from the National Bureau of Economic Research's programme in international economics, leading economists address recent developments in three important areas. The first section of the book focuses on international comparisons of output and prices, and includes papers that present new measures of product market integration, new methodology to infer relative factor price changes from quantitative data, and an ongoing capital stock measurement project
Structural impediments to growth in Japan by Magnus Blomström( Book )

17 editions published between 2003 and 2007 in English and held by 304 WorldCat member libraries worldwide

As Japan's decade-long economic stagnation continues, there has been much analysis of the immediate macroeconomic problems that confront the Japanese economy. This book looks past the short-run challenges to the future of Japan and highlights the intermediate and longer-term issues that country faces. In this, the first book-length academic treatment of this important issue, a team of notable contributors present nine papers, offering a comprehensive assessment of those economic difficulties and addressing a range of specific issues, from financial restructuring and the impact of the aging Japanese population to corporate behavior, public lending, employment practices, and innovative capacity. In each paper, contributors clearly identify and outline problems and concerns, carefully pose provocative questions, and in many instances present concrete suggestions for improvement. The resulting volume is a timely and important examination of critical issues for Japan's stalling economy, packed with both telling data and expert analysis and offering valuable perspectives on Japan's current obstacles
Transnational corporations and manufacturing exports from developing countries by Magnus Blomström( Book )

15 editions published between 1989 and 1990 in English and held by 247 WorldCat member libraries worldwide

Foreign investment and spillovers by Magnus Blomström( Book )

15 editions published between 1989 and 2015 in English and held by 234 WorldCat member libraries worldwide

Diverging paths : comparing a century of Scandinavian and Latin American economic development by Magnus Blomström( Book )

10 editions published in 1991 in English and Spanish and held by 224 WorldCat member libraries worldwide

Economic crisis in Africa : perspectives on policy responses( Book )

15 editions published in 1993 in English and Undetermined and held by 222 WorldCat member libraries worldwide

While the pitiful images of famine victims generally come from the very poorest countries in sub-Saharan Africa, the entire region faces an intense economic crisis. This book looks at why this is so, and what can be done about it
Foreign direct investment : firm and host country strategies by Magnus Blomström( Book )

13 editions published in 2000 in English and held by 210 WorldCat member libraries worldwide

This book summarizes more than a decade of research aiming to understand this interplay." "The analyses of MNC behaviour and the effects of FDI presented in this book are of interest to students of international business, economics and development, as well as to policy-makers in countries hosting foreign MNCs."--Jacket
Institutional change in Japan by Sumner J La Croix( Book )

12 editions published between 2005 and 2012 in English and held by 146 WorldCat member libraries worldwide

It addresses the origin, development, and recent adaptation of core institutions, including financial institutions, corporate governance, lifetime employment, the amakudari system and marriage and family
Regional integration and foreign direct investment by Magnus Blomström( Book )

28 editions published between 1997 and 1999 in English and held by 125 WorldCat member libraries worldwide

This paper deals with the investment effects of regional integration agreements and discusses how such arrangements may affect inward and outward foreign direct investment flows in the integrating region. After setting up a conceptual framework for the analysis, we provide three studies focusing on different kinds of regional integration: North-North integration (Canada joining CUSFTA), North-South integration (Mexico's accession to NAFTA), and South-South integration (MERCOSUR). The main conclusion of the study is that the responses to an integration agreement largely depend on the environmental change brought about by the agreement and the locational advantages of the participating countries and industries. Moreover, the findings suggest that the most positive impact on FDI has occurred when regional integration agreements have coincided with domestic liberalization and macroeconomic stabilization in the member countries
Technology transfer and spillovers : does local participation with multinationals matter? by Magnus Blomström( Book )

24 editions published in 1998 in English and held by 94 WorldCat member libraries worldwide

This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign multinational affiliates. More specifically, we try to answer two questions, using unpublished Indonesian micro data. Firstly, do establishments with minority and majority ownership differ in terms of productivity levels? Secondly, does the degree of spillover differ with the degree of ownership in the FDI? Our results show that foreign establishments have comparable high levels of labor productivity and that domestic establishments benefit from spillovers. However, the degree of foreign ownership does neither affect the level of labor productivity in foreign establishments, nor the degree of spillovers
Growth in a dual economy by Magnus Blomström( Book )

24 editions published between 1992 and 1994 in English and held by 87 WorldCat member libraries worldwide

Abstract: Growth and structural transformation of the manufacturing sector in developing countries are generally considered to be the result of the expansion of the "modem" (large-scale) sector relative to the "traditional" (small-scale) sector. Examining the sources of labor productivity growth in Mexican manufacturing, however, does not provide support for such a conclusion. Although we find that labor productivity levels vary almost in direct relation to establishment size, labor productivity growth shows no systematic variation by size class. In fact, small establishments have had the same rate of labor productivity growth as larger ones, partly because of the "excise-effect" (i.e. the exiting of low-productivity, small plants). Moreover, most of the variation in labor productivity across plant class sizes is found to be due to differences in capital intensity. The variation in TFP levels across size classes tends to be small. Thus, our results remove some justification of the policy measures that favor large firms in developing countries
Is fixed investment the key to economic growth? by Magnus Blomström( Book )

25 editions published between 1993 and 1996 in English and held by 85 WorldCat member libraries worldwide

This paper examines shares of fixed capital formation in GOP and rates of economic growth for more than 100 countries over successive 5-year periods between 1965 and 1985 to determine the direction of causality between them. Simple regressions and multiple regressions including several standard determinants of growth, as well as a simple causality test, provide more evidence that increases in growth precede rises in rates of capital formation than that increases in capital formation precede increases in growth. High rates of fixed capital formation accompany rapid growth in per capita income, but we find no evidence that fixed investment is the only or main source of ignition for economic growth
Home country effects of foreign direct investment : evidence from Sweden by Magnus Blomström( Book )

25 editions published between 1994 and 1995 in English and held by 84 WorldCat member libraries worldwide

This paper examines two broad issues related to foreign investment by Swedish multinationals: first the effects of outward foreign direct investment on domestic investment, exports, and employment, and second, the effects on the domestic economy from the increasing division of labor between the parents and foreign affiliates of Swedish MNCs. The paper summarizes and synthesizes the existing empirical evidence on these matters (much of which has hitherto only been available in Swedish) and discusses some possible long run effects that have not received much attention in the literature
Foreign direct investment and employment : home country experience in the United States and Sweden by Magnus Blomström( Book )

16 editions published in 1997 in English and held by 69 WorldCat member libraries worldwide

We compare the relation between foreign affiliate production and parent employment in U.S. manufacturing multinationals with that in Swedish firms. U.S. multinationals appear to have allocated some of their more labor intensive operations selling in world markets to affiliates in developing countries, reducing the labor intensity in their home production. Swedish multinationals produce relatively little in developing countries and most of that has been for sale within host countries with import-substituting trade regimes. The great majority of Swedish affiliate production is in high-income countries, the U.S. and Europe, and is associated with more employment, particularly blue-collar employment, in the parent companies. The small Swedish-owned production that does take place in developing countries is also associated with more white-collar employment at home. The effects on white-collar employment within the Swedish firms have grown smaller and weaker over time
Internationalized production in world output by Robert E Lipsey( Book )

13 editions published between 1995 and 2000 in English and held by 65 WorldCat member libraries worldwide

Internationalized production, that is, production by multinational firms outside their home countries has increased over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 percent in 'industry, ' including manufacturing, trade, construction, and public utilities, but it was negligible in 'services, ' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars, international organizations, and the press, these numbers are a reminder of how large a proportion of economic activity is confined to single geographical locations and home country ownership. Internationalization of production is clearly growing in importance, but the vast majority of production is still carried out by national producers within their own borders
Outward FDI and parent exports and employment : Japan, the United States, and Sweden by Robert E Lipsey( Book )

14 editions published in 2000 in English and held by 65 WorldCat member libraries worldwide

Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income level. This relationship is similar to that found for Swedish and U.S. multinationals in parallel studies. A Japanese parent's worldwide exports tend to be larger, relative to its output, the larger the firm's overseas production. In this respect also, Japanese firms resembled U.S. multinationals. A Japanese parent's employment, given the level of its production, tends to be higher, the greater the production abroad by the firm's foreign affiliates. Japanese firms' behavior in this respect is similar to that of Swedish firms, but contrasts with that of U.S. firms. U.S. firms appear to reduce employment at home, relative to production, by allocating labor-intensive parts of their production to affiliates in developing countries. Swedish firms seem to allocate the more capital-intensive parts of their production to their foreign affiliates, mostly in high-wage countries. We conclude that in Japanese firms and ancillary employment at home to service foreign operations outweighs any allocation of labor-intensive production to developing countries
The economics of foreign direct investment incentives by Magnus Blomström( Book )

15 editions published in 2003 in English and held by 65 WorldCat member libraries worldwide

This paper suggests that the use of investment incentives focusing exclusively on foreign firms, although motivated in some cases from a theoretical point of view, is generally not an efficient way to raise national welfare. The main reason is that the strongest theoretical motive for financial subsidies to inward FDI spillovers of foreign technology and skills to local industry is not an automatic consequence of foreign investment. The potential spillover benefits are realized only if local firms have the ability and motivation to invest in absorbing foreign technologies and skills. To motivate subsidization of foreign investment, it is therefore necessary, at the same time, to support learning and investment in local firms as well
moreShow More Titles
fewerShow Fewer Titles
Audience Level
Audience Level
  Kids General Special  
Audience level: 0.47 (from 0.05 for Topics in ... to 0.74 for Regional i ...)

Does foreign direct investment promote development?
Alternative Names
Blomsrtöm, Magnus 1952-

Blomstroem, Magnus

Blomström, M. 1952-

Blomström, Magnus

Blomstrom, Magnus 1952-

English (354)

Arabic (1)

Spanish (1)

Japan's new economy : continuity and change in the twenty-first centuryTopics in empirical international economics : a festschrift in honor of Robert E. LipseyStructural impediments to growth in JapanEconomic crisis in Africa : perspectives on policy responsesForeign direct investment : firm and host country strategiesInstitutional change in Japan