Keller, Wolfgang; Yeaple, Stephen R. - 2003
(FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial … productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …
