Productivity Spillovers from Foreign Direct Investment in New Zealand
Author: Tinh Thanh Doan
Publisher:
Published: 2014
Total Pages:
ISBN-13: 9780478417661
DOWNLOAD EBOOKRead and Download eBook Full
Author: Tinh Thanh Doan
Publisher:
Published: 2014
Total Pages:
ISBN-13: 9780478417661
DOWNLOAD EBOOKAuthor: Aysa Erdogan
Publisher:
Published: 2015
Total Pages: 16
ISBN-13:
DOWNLOAD EBOOKAttracting foreign direct investment (FDI) is considered as an important source of sustainable development, income growth and employment for developing countries. Foreign-owned firms are believed to have the potential to benefit the domestic firms by the spillover of their technological know-how, innovation capability, and marketing and management skills. These spillovers are expected to result in an increase in the productivity of the domestic firms. This paper reviews the empirical literature on spillovers from FDI. Studies have found conflicting evidence on the spillover effects. While some of the studies find that there exist positive spillovers from foreign-owned firms, some others find no spillover effects. A considerable number of studies find that productivity spillovers from FDI are dependent on the absorptive capacity of the domestic firms and technical proximity of foreign-owned firms and domestically-owned firms.
Author: Katarzyna Zukowska-Gagelmann
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Published: 2001
Total Pages: 205
ISBN-13: 9783631374412
DOWNLOAD EBOOKAlong with privatisation, foreign direct investment (FDI) is commonly viewed as one of the main channels for industrial restructuring in transition countries in Central and Eastern Europe. This analysis focuses on how FDI may contribute to restructuring through the generation of productivity spillovers in locally-owned firms. Using comprehensive data for Polish manufacturing, the study suggests that it benefits on average from a higher presence of foreign firms. However, positive productivity spillovers are absent so far. Economic theories suggest that a too high technological gap between foreign and local firms, the state ownership and low competition level hinder the emergence of positive spillovers.
Author: Katarzyna Zukowska-Gagelmann
Publisher:
Published: 1999
Total Pages: 31
ISBN-13:
DOWNLOAD EBOOKAuthor: Kamal Saggi, Beata K. Smarzynska Javorcik
Publisher: World Bank Publications
Published: 2004
Total Pages: 22
ISBN-13:
DOWNLOAD EBOOK"Javorcik, Saggi, and Spatareanu use a firm-level panel data set from Romania to examine whether the nationality of foreign investors affects the degree of vertical spillovers from foreign direct investment. Investors' country of origin may matter for spillovers to domestic producers in upstream sectors (supplying intermediate inputs) in two ways. First, the share of intermediate inputs sourced by multinationals from a host country is likely to increase with the distance between the host and the source economy. Second, the sourcing pattern is likely to be affected by preferential trade agreements that cover some but not other source economies. In this case, the Association Agreement signed between Romania and the European Union (EU) implies that inputs sourced from the EU are subject to a lower tariff than inputs sourced from America or Asia. Moreover, while for European investors intermediate inputs sourced from home country suppliers comply with the rules of origin and thus can be exported to the EU on preferential terms, this would not be the case for home country suppliers of American or Asian multinationals. Therefore, one would expect that American and Asian investors source more from Romania than EU investors and thus present greater potential for vertical spillovers. The empirical analysis produces evidence in support of the authors' hypothesis. They find a positive association between the presence of.
Author: Salvador Barrios Cobos
Publisher:
Published: 2000
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKAuthor: Rossitza B. Wooster
Publisher:
Published: 2010
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKThis paper reviews the empirical literature on technology spillovers from foreign direct investment (FDI) in developing countries. Our meta-analysis uses a sample of 32 studies to determine what aspects of study design and data characteristics explain the magnitude, significance, and direction of spillovers from FDI. Results suggest that spillover effects are more pronounced when studies measure the effect of FDI spillovers on output, and are more likely to be significant and positive for Asian countries. Results also highlight the possibility that the documented spillover effects from FDI in developing countries may be partly a product of model misspecification.
Author: BEATA K. SAMARZYNSKA
Publisher:
Published: 2003
Total Pages: 31
ISBN-13:
DOWNLOAD EBOOKAuthor: Sourafel Girma
Publisher:
Published: 2007
Total Pages: 28
ISBN-13:
DOWNLOAD EBOOKAuthor: Klaus E. Meyer
Publisher:
Published: 2005
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOKThe extensive empirical literature analyzing productivity spillovers from foreign direct investment to local firms provides inconclusive results. Some studies find that foreign presence has a positive impact on the productivity of domestic firms, while others find no evidence or a negative effect. Differences in the results may be attributable to contexts, such as the structural differences between developed, developing and transition economies. However, results may also vary due to different empirical methodologies, notably the use of aggregate versus firm-level data and cross-section versus panel data analysis. We conduct a meta-analysis to investigate reasons for these conflicting results, and provide a revised interpretation of earlier research and its policy implications, and new priorities for future research. Our analysis suggests that the hypothesized spillovers are not confirmed for industrialized countries in the 1990s. Transition economies may experience spillovers, but these have been declining in recent years. Keywords: developing countries, transition economies, spillovers, foreign direct investment, technology transfer, meta-analysis.