and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …

existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country … hypothesis that spillovers are greater for FDI with more advanced technology. While efficiency of domestic firms’ is affected by … firm’s "absorptive capacity" we find: i) distance from the efficiency frontier tends to dampen horizontal spillovers in …

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …