Yeaple, Stephen R.; Keller, Wolfgang - International Monetary Fund (IMF) - 2003
productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment … (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity …