Tytell, Irina; Yudaeva, Ksenia - Center for Economic and Financial Research (CEFIR), New … - 2005
Policymakers around the world introduce special policies aimed at attracting foreign direct investments (FDI). They motivate their decision by the spillover effect, which FDI have on domestic companies. Empirical literature so far has failed to find any robust evidence of this effect. In this...