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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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Firm heterogeneity, exporting and foreign direct investment*
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Determinant Factors of FDI Spillovers - What Do We Really Know?
Nuno Crespo,Maria Paula Fontoura +1 more
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Capital Account Liberalization: Theory, Evidence, and Speculation
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Absorptive capacity and productivity spillovers From FDI: a threshold regression analysis
TL;DR: In this article, the effect of foreign direct investment on productivity growth is investigated in manufacturing sectors where technology-exploiting multinationals are prevalent, and the results point to the presence of nonlinear threshold effects: the productivity benefit from FDI increases with absorptive capacity until some threshold level beyond which it becomes less pronounced.
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Innovation performance and channels for international technology spillovers: Evidence from Chinese high-tech industries
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References
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International Technology Diffusion
TL;DR: In this paper, the authors discuss the concept and empirical importance of international technology diffusion from the point of view of recent work on endogenous technological change and present a review of recent empirical results on (i) basic results on technology diffusion; (ii) the importance of specific channels of diffusion, in particular trade and foreign direct investment; (iii) the spatial distribution of technological knowledge and (iv) other issues.
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Foreign affiliate activity and u.s. skill upgrading.
TL;DR: The authors found that inward FDI has not contributed to U.S. within-industry skill upgrading, and that the 1980s wave of Japanese greenfield investments was significantly correlated with lower, not higher, relative demand for skilled labor.
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Productivity Spillovers From Foreign Direct Investment In Poland
TL;DR: In this article, the effect of foreign direct investment on the scope of productivity growth of locally-owned firms is examined using firm level data from the Polish manufacturing sector, and the results suggest that a higher foreign presence within an industry affects local firms negatively.
Journal ArticleDOI
Why do foreign-owned firms pay more? The role of on-the-job training
TL;DR: This paper showed that if training is more productive and specific in foreign firms, foreign firm workers will have a steeper wage profile and thus acquire a premium over time, and verified that the foreign wage premium is only acquired by workers over time spent in the firm and only by those that receive on-the-job training.
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Regional Underdevelopment: Is FDI the Solution? A Semiparametric Analysis
Sourafel Girma,Katharine Wakelin +1 more
TL;DR: In this article, the authors examined the impact of foreign direct investment on the performance of domestic establishments in the electronics industry in the UK using establishment-level data taken from the UK Census of Production (the ARD).
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