Tang, Jitao; Altshuler, Rosanne - 2015 - This draft: January 4, 2015
Most studies of foreign direct investment (FDI) spillovers focus on externalities of inward FDI to host country firms. However, spillovers may also be generated from outward FDI and flow to home country firms. We test for the presence of spillovers from U.S. multinational corporations to...