Spillovers, Foreign Investment, and Export Behavior
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The authors examined whether spillovers associated with one firm's export activity reduce the cost of exporting for other firms, identifying two sources of spillovers: export production in general and the specific activities of multinationals.About:
This article is published in Journal of International Economics.The article was published on 1997-08-01 and is currently open access. It has received 1274 citations till now. The article focuses on the topics: Foreign direct investment & Panel data.read more
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Multinational Corporations and Spillovers
Magnus Blomstrom,Ari Kokko +1 more
TL;DR: In the major home countries, the debate on foreign direct investment has ranged from worries that outward FDI may substitute for domestic investment and erode technology leadership, to the argument that firms must invest abroad in order to stay competitive in an increasingly international environment as mentioned in this paper.
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Is Learning by Exporting Important? Micro-Dynamic Evidence from Colombia, Mexico, and Morocco
TL;DR: In this paper, the causal links between exporting and productivity using plant-level data were analyzed. And the authors concluded that relatively efficient erms become exporters; however, in most industries, erms' costs are not affected by previous exporting activities.
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Is "learning-by-exporting" important? Micro-dynamic evidence from Colombia, Mexico and Morocco
TL;DR: The authors analyzed the causal links between exporting and productivity using firm-level panel data from three semi-industrialized countries and found that relatively efficient firms become exporters, but firms' unit costs are not affected by previous export market participation, while the well-known efficiency gap between exporters and non-exporters is due to self-selection of the more efficient firms into the export market, rather than learning by exporting.
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Foreign direct investment as a catalyst for industrial development
TL;DR: In this paper, the authors developed an analytical framework to assess the effect of FDI on local firms in the same industry and showed that FDI may lead to the establishment of local industrial sectors.
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Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Investment?
TL;DR: 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.
References
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Growth in Cities
Edward L. Glaeser,Edward L. Glaeser,Edward L. Glaeser,Hedi Kallal,Jose A. Scheinkman,Jose A. Scheinkman,Jose A. Scheinkman,Andrei Shleifer,Andrei Shleifer +8 more
TL;DR: In this paper, the authors used a new data set on the growth of large industries in 170 U.S. cities between 1956 and 1987 and found that local competition and urban variety, but not regional specialization, encourage employment growth in industries.
Journal ArticleDOI
Growth in Cities
TL;DR: In this paper, the authors used a new data set on the growth of large industries in 170 U.S. cities between 1956 and 1987 and found that local competition and urban variety, but not regional specialization, encourage employment growth in industries.
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International investment location decisions
David Wheeler,Ashoka Mody +1 more
TL;DR: In this paper, the authors focus on manufacturing investments by U.S. multinationals in the 1980s and conclude that high-cost tournament play is unnecessary for countries with good infrastructure development, specialized input suppliers and an expanding domestic market.
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Limited information estimators and exogeneity tests for simultaneous probit models
Douglas Rivers,Quang Vuong +1 more
TL;DR: In this paper, a two-step maximum likelihood procedure is proposed for estimating simultaneous probit models and is compared to alternative limited information estimators, conditions under which each estimator attains the Cramer-Rao lower bound are obtained.
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Industrial Development in Cities
TL;DR: This paper analyzed changes in employment in specific manufacturing industries in cities between 1970 and 1987 and found that the major source of that persistence appears to be persistence in local demand conditions (i.e., persistence in regional comparative advantage), as opposed to other measured or unmeasured urban characteristics.
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