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Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Investment?
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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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Productivity spillovers from foreign multinationals and trade policy: firm-level analysis of Vietnamese manufacturing
TL;DR: In this article, the presence of foreign multinational enterprises (MNEs) affects productivity in domestic private firms in Vietnamese manufacturing in 2005-10, and import protection has affected these productivity spillovers and how spillovers from wholly foreign MNEs and joint ventures differ.
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Growth effect of foreign direct investment: The role of labor market flexibility
TL;DR: In this article, the role of labor market flexibility in mediating the impact of FDI on economic growth in developing countries is examined and the results provide the empirical finding of the role labor market in moderating the growth effect of foreign direct investment (FDI) in developed and developing countries.
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Impacts of Export-platform FDI on the production of upstream industries - Do third country size, trade agreements and local content requirement matter? Evidence from the Vietnamese supporting industries
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Multinational corporations, foreign investment, and royalties and license fees: effects on host-country total factor productivity
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References
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