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Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Investment?
TLDR
In this paper, a comprehensive evaluation of the empirical evidence on productivity, wages and exports spillovers in developing, developed and transitional economies is presented. But, although theory can identify a range of possible spillover channels, robust empirical support for positive spillovers is hard to find.Abstract:
Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. This paper begins by reviewing possible sources of spillovers. It then provides a comprehensive evaluation of the empirical evidence on productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a range of possible spillover channels, robust empirical support for positive spillovers is hard to find. The reasons for this are explored and the paper concludes with a review of policy aspects.read more
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Dissertation
Organising innovation between multinational companies and innovation systems: the Brazilian ICT sector in the late 1990s and early 2000s
TL;DR: In this article, a framework for characterising the decentralised governance of innovation projects in sectors and identifying emerging organisational configurations in this specific context is proposed, which is applied on the decentralizedised networks of innovation project in the Brazilian ICT sector promoted by tax incentives to innovation activities (Brazilian ICT Law).
Journal ArticleDOI
Do De Jure Institutions Matter for Foreign Direct Investment Flows in Nigeria
TL;DR: In this paper, the role of institutions as a determining factor in foreign direct investment attraction into a developing country such as Nigeria is investigated, and the study makes use of recen-...
Book
Foreign Direct Investment In The Arab World: An Analysis of Flows and an Evaluation of Country Specific Business Environment
TL;DR: In this paper, the authors show that the business environment and economic performance of the Arab world still improving and the new policy and regulation that have been implemented in the Arab countries increased the attractiveness level of the FDI toward Arab countries.
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Credit Constraints and FDI Spillovers in China
TL;DR: Li et al. as mentioned in this paper used a panel of approximately 20,000 Chinese manufacturing firms over the period 2001-2005 to show that credit constrained domestic firms have lower (even negative) FDI spillovers, with their reduction in the spillover effect being systematically greater in sectors with higher levels of external financial dependence.
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Host countries’ growth opportunities and China's outward FDI
TL;DR: In this paper, a multinational panel data model is used to explore the relationship between host countries' growth opportunities and China's OFDI, and the analysis finds that China's ODI does not follow the host countries’ growth opportunities but exhibits different features toward developed countries and developing countries.
References
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Posted Content
A sensitivity analysis of cross-country growth regressions
Robert A. Levine,David Renelt +1 more
TL;DR: In this article, the authors study whether the conclusions from existing studies are robust or fragile when small changes in the list of independent variables occur, and they find that although "policy"appears to be importantly related to growth, there is no strong independent relationship between growth and almost every existing policy indicator.
Posted Content
A sensitivity analysis of cross-country growth regressions
Robert A. Levine,David Renelt +1 more
TL;DR: The authors examined whether the conclusions from existing studies are robust or fragile to small changes in the conditioning information set and found a positive, robust correlation between growth and the share of investment in GDP and between investment share and the ratio of international trade to GDP.
Journal ArticleDOI
How does foreign direct investment affect economic growth
TL;DR: In this article, the effect of FDI on economic growth in a cross-country regression framework was investigated. And they found that FDI contributes to economic growth only when a sufficient absorptive capability of the advanced technologies is available in the host economy.
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Multinational Enterprise and Economic Analysis
TL;DR: The third edition of Multinational Enterprise and Economic Analysis surveys the contributions that economic analysis has made to our understanding of why multinational enterprises exist and what consequences they have for the workings of the national and international economies.
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Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages
TL;DR: In this paper, the authors studied the impact of trade and foreign direct investment on the productivity of domestic firms in the manufacturing sector in the country of Lithuania and found that a 10 percent increase in the foreign presence in downstream sectors is associated with a 0.38 percent rise in output of each domestic firm in the supplying industry.
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