Product sophistication and spillovers from foreign direct investment
نویسندگان
چکیده
منابع مشابه
Product Sophistication and Spillovers from Foreign Direct Investment
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متن کاملOnline Appendix to Product Sophistication and Spillovers from Foreign Direct Investment
where i, j, and t are firm-, industry-, and time-specific subscripts. Yit is the output of firm i in year t in the form of total sales, and Y j is the corresponding geometric mean in industry j. xit denotes the use of factor z. We consider three factors of production, labor, capital, and material input costs. Labor input is measured by the total wage bill, capital by gross fixed assets, and mat...
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In this paper we analyse productivity spillovers from foreign direct investment using firm level panel data UK manufacturing industries from 1992 to 1999. We investigate spillovers through horizontal, backward and forward linkages, distinguish spillovers from export oriented vs domestic market oriented FDI, and allow for differing effects depending on domestic firms’ export activities. The resu...
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Within the endogenous growth framework, we offer an explanation on how foreign direct investment (FDI) generates externalities in the form of technology transfer. We distinguish between the level and rate effects of spillovers on the productivity of domestic firms. A new insight gained from the theory is that the level and rate effects of spillovers can go in opposite directions. The negative l...
متن کاملLocalized spillovers and foreign direct investment: a dynamic analysis
It has been empirically shown that ̄rms invest in foreign countries also with the aim to absorb technological knowledge. However, the recent literature on technological innovation and foreign expansion has not fully taken into account these features of foreign direct investment. Introducing this new element into the analysis implies assuming that multinationals and exporters operate with di®ere...
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ژورنال
عنوان ژورنال: Canadian Journal of Economics/Revue canadienne d'économique
سال: 2016
ISSN: 0008-4085,1540-5982
DOI: 10.1111/caje.12247