Monastiriotis, Vassilis; Jordaan, Jacob A. - London School of Economics (LSE) - 2011
Studies on the productivity spillovers of FDI have concentrated on the national-sectoral level. As a result, little is … local, regional and national levels– has on the productivity of domestic firms. We find strong evidence suggesting that … foreign-owned firms self-select into regions and sectors of high productivity. Net of this selection effect, the impact of …