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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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Productivity gains and spillovers from offshoring
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TL;DR: In this article, the authors investigated the impact of materials and business services offshoring on productivity growth with industry-level data for Belgium over the period 1995-2004, and concluded that there is no productivity effect of materials off-shoring, while business services onshoring leads to productivity gains in manufacturing.
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Multinational Exposure and the Quality of New Chinese Exports
Deborah L. Swenson,Huiya Chen +1 more
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The effects of multinationals on host economies: A CGE approach
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FDI spillovers on firm survival in Italy: absorptive capacity matters!
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Strengths and weaknesses of the outward FDI paths of the Central European countries
TL;DR: In this paper, the authors used foreign direct investment (FDI) annual reports of central banks and reports of the largest firms to study the outward FDI of the Central European countries.
References
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