Productivity spillovers through vertical linkages : evidence from 17 OECD countries
نویسندگان
چکیده
This paper extends the literature on productivity spillovers from inward FDI. We use comparable industry level data for 17 OECD countries and investigate the importance of horizontal and vertical spillovers, and differences between CEEC and other OECD countries. Results show that there is evidence for spillovers through vertical backward linkages between multinationals and domestic firms for all countries, but that this effect is much higher for CEEC than other OECD countries. We also find some evidence for positive effects from horizontal FDI, but these do not differ between the two country groups. JEL classification: F23
منابع مشابه
Technology transfers, foreign investment and productivity spillovers: evidence from Vietnam
This paper provides new evidence on the relationship between foreign direct investment (FDI) and the productivity of domestic firms. Using a specially designed survey on a sample of over 7,500 manufacturing firms in Vietnam we uncover some of the mechanisms that explain productivity spillovers from FDI through vertical linkages along the supply chain. Our results suggest that domestic firms exp...
متن کاملPRODUCTIVITY SPILLOVERS FROm mULTINATIONAL COmPANIES
Many host country governments assume that inward Foreign Direct Investment (FDI) can bestow large benefits to the economy, bringing not only new investment that boosts national income but also an inflow of new foreign knowledge and technology. The purpose of this chapter is to review the evidence of the importance of these productivity spillovers from inward FDI. It finds that the international...
متن کاملForeign Knowledge Spillovers and Total Factor Productivity Growth: Evidence from Four ASEAN Countries
This study examines the dynamic relationship between foreign direct investment (FDI) and total factor productivity having controlled for other channels of external openness: exports and imports in four ASEAN countries: Indonesia, Malaysia, Singapore, and Thailand. We employ the panel data analysis PDA (fixed effect and dynamic panel models) as well as the panel cointegration and Granger causali...
متن کاملDoes FDI facilitate Domestic Entry? Evidence from the Czech Republic
This paper analyzes the impact of FDI on domestic firm entry and firm size distributions in 245 industries in the Czech Republic during 1994 to 2000. We find that larger foreign presence stimulates the entry of domestic firms within the same industry indicating the existence of positive horizontal spillovers from FDI. We also find evidence of significant vertical entry spillovers – FDI in downs...
متن کاملForeign Direct Investment, Competition and Industry Performance
This paper investigates the productivity effects of inward and outward foreign direct investment using industry and country level data for 17 OECD countries over the period 1973 to 2001. Controlling for national and international knowledge spillovers we argue that effects of FDI work through direct compositional effects as well as changing competition in the host country. Our results show that ...
متن کامل