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FDI Attraction in the States: An Analysis of Governors' Power, Trade Missions, and States' International Offices

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Abstract:

In the global economy, states work to attract foreign direct investment (FDI). Although scholars have analyzed economic development, the strategies states use to lure international investment are rarely examined. This paper considers the role of states’ international offices and governor-led missions overseas as well as the effects of varying degrees of governors’ personal and institutional powers. Gubernatorial power needs to be reconceptualized relative to governors’ international and economic roles. This study finds that states’ international offices and governors’ institutional powers are most beneficial to states’ ability to attract FDI and that governor-led trade missions generally hurt FDI attraction. Governors’ personal powers also negatively affect FDI, but not at a statistically significant level. Therefore, increasing governors’ institutional powers and authority over economic development may benefit states, perhaps allowing various agencies to operate under a unified strategy to attract FDI.

Most Common Document Word Stems:

state (255), governor (197), offic (148), offici (140), intern (115), econom (115), trade (101), mission (100), develop (92), invest (89), 2006 (79), busi (78), 2005 (74), may (69), fdi (66), interview (63), oversea (63), u.s (63), power (57), govern (50), 2004 (50),

Author's Keywords:

FDI, investment, governor, power, trade
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Name: American Political Science Association
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MLA Citation:

McMillan, Samuel Lucas. "FDI Attraction in the States: An Analysis of Governors' Power, Trade Missions, and States' International Offices" Paper presented at the annual meeting of the American Political Science Association, Marriott, Loews Philadelphia, and the Pennsylvania Convention Center, Philadelphia, PA, Aug 31, 2006 <Not Available>. 2013-12-16 <http://citation.allacademic.com/meta/p153313_index.html>

APA Citation:

McMillan, S. , 2006-08-31 "FDI Attraction in the States: An Analysis of Governors' Power, Trade Missions, and States' International Offices" Paper presented at the annual meeting of the American Political Science Association, Marriott, Loews Philadelphia, and the Pennsylvania Convention Center, Philadelphia, PA Online <APPLICATION/PDF>. 2013-12-16 from http://citation.allacademic.com/meta/p153313_index.html

Publication Type: Proceeding
Abstract: In the global economy, states work to attract foreign direct investment (FDI). Although scholars have analyzed economic development, the strategies states use to lure international investment are rarely examined. This paper considers the role of states’ international offices and governor-led missions overseas as well as the effects of varying degrees of governors’ personal and institutional powers. Gubernatorial power needs to be reconceptualized relative to governors’ international and economic roles. This study finds that states’ international offices and governors’ institutional powers are most beneficial to states’ ability to attract FDI and that governor-led trade missions generally hurt FDI attraction. Governors’ personal powers also negatively affect FDI, but not at a statistically significant level. Therefore, increasing governors’ institutional powers and authority over economic development may benefit states, perhaps allowing various agencies to operate under a unified strategy to attract FDI.

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Associated Document Available American Political Science Association

Document Type: application/pdf
Page count: 44
Word count: 13783
Text sample:
FDI Attraction in the States: An Analysis of Governors’ Power Trade Missions and States’ International Offices Prepared for presentation at the Annual Meeting of the American Political Science Association August 30 – September 3 2006 Philadelphia Pennsylvania Samuel Lucas McMillan Ph.D. Candidate Department of Political Science University of South Carolina 343 Gambrell Hall Columbia SC 29208 Phone: 803-777-3109 E-mail: lucas.mcmillan@sc.edu The Richard L. Walker Institute for International and Area Studies at the University of South Carolina provided financial assistance
from 0 to 6. (i.e. subnational departments of commerce/trade or industry) 4. In what ways does your office work with chambers of commerce organizations? How important are these contacts to your work? (Please rank 0 to 6). If so which ones and what services do they provide? McMillan 43 Scale Used With Interview Questions 0 No importance input or control 1 Very little importance input or control 2 Some likelihood of importance input or control 3 Equal importance input


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