On the basis of theory and empirical evidence, we can predict that US direct investment in Spain will prove to have contributed to the country’s economic growth, raised its technological level and possibly its productivity, increased its exports and provided its workforce with better-paid, higher-skilled jobs than those offered by local companies. This study sets out precisely to determine whether the macroeconomic statistics bear out our prediction that these effects have occurred in Spain
The Impact of US Foreign Direct Investment in Spain
Working Paper
