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Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 emerging market economies, we estimate the effects of foreign competition, vertical linkages with foreign firms, and international...
Persistent link: https://www.econbiz.de/10012751127
This paper examines the recent upsurge in foreign acquisitions of U.S. firms, specifically focusing on acquisitions made by firms located in emerging markets. Neoclassical theory predicts that, on net, capital should flow from countries that are capital-abundant to countries that are...
Persistent link: https://www.econbiz.de/10013226196
magnitude and direction of FDI spillovers. We examine these spillover effects across the diverse ownership structure of China … FDI spillovers. During 1998-2007, the span of our Chinese firm-level data set, both tariffs and FDI tax holidays changed … dramatically. Our results highlight the efficacy of vertical FDI spillovers. We find that tariff reforms, particularly tariff …
Persistent link: https://www.econbiz.de/10013130551
The literature on the effects of foreign direct investment (FDI) and activities of multinational enterprises (MNEs) on …
Persistent link: https://www.econbiz.de/10013114291
technological externalities, or spillovers. In addition to reviewing the recent empirical research on technology spillovers, the … technology spillovers through international trade and the activity of multinational enterprises. The analysis also highlights …
Persistent link: https://www.econbiz.de/10013070643
total factor productivity and that they impact the degree of Ramp;D spillovers …
Persistent link: https://www.econbiz.de/10012759295
foreign-owned FDI has reduced spillovers because we find larger industry spillovers from international joint ventures than … entrepreneurs at firms upstream from and in the same industry as the joint venture (backward and horizontal spillovers, respectively …). As China has dropped joint venture requirements and shifted towards wholly foreign-owned FDI as part of becoming a member …
Persistent link: https://www.econbiz.de/10012922982
We quantify foreign direct investment (FDI) spillovers by comparing changes in total factor productivity (TFP) among … domestic plants in districts that attracted a large greenfield foreign plant and districts where greenfield FDI was licensed … treated districts. Using an alternative identification strategy that exploits the assignment of land for FDI by the Ethiopian …
Persistent link: https://www.econbiz.de/10012922992
productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of …We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment … (FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to significant …
Persistent link: https://www.econbiz.de/10013222892
technological information. FDI is an alternate, potentially equally important channel for the mediation of such knowledge spillovers … directly test the hypothesis that FDI is a channel of knowledge spillovers for Japanese multinationals undertaking direct … evidence that FDI increases the flow of knowledge spillovers both from and to the investing Japanese firms …
Persistent link: https://www.econbiz.de/10013226164