to disentangle the effects of international spillovers via trade and FDI. My findings show that imports remain the main …While the economic theory predicts that developing countries will gain the most from technology spillovers, there have … channel of diffusion for both sets of countries, while FDI, although significant econometrically, has less quantitative impact …

and FDI. After resolving biases plaguing past work, we find that the exogenous component of FDI does not exert a robust …

In this paper we distinguish different qualities of FDI to re-examine the relationship between FDI and growth. We use … quot;qualityquot; to mean the effect of a unit of FDI on economic growth. However, this is difficult to establish because … differentiate quality FDI in several different ways. First, we look at the possibility that the effects of FDI differ by sector …

even existence of knowledge spillovers from foreign direct investment (FDI). This article reviews the recent theoretical … knowledge spillovers from FDI. Studies on the importance of mediating factors and FDI heterogeneity are less conclusive and …, mediating factors, and FDI heterogeneity. Studies that take into account individual spillover channels find robust evidence of …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property …'s accession to the World Trade Organization) (WTO) in 2001. We also show that there is a positive upstream spillover effect of FDI …

existence of horizontal spillovers from FDI in developing countries, several recent papers have confirmed the presence of …Many countries strive to attract foreign direct investment (FDI) hoping that knowledge brought by multinationals will … vertical spillovers, which take place through contacts between foreign affiliates and their local suppliers. However, the …

these effects, although it is suggested that host country spillovers vary systematically between countries and industries … competition. The spillovers to the home countries of MNCs are often more difficult to identify, for various reasons. Earlier …

This paper provides cross-country firm-level evidence on productivity spillovers from foreign direct investment (FDI …), separately for greenfield FDI and crossborder mergers and acquisitions (M&As). The granularity of bilateral sector-level FDI … datasets allows for addressing possible endogeneity issues by applying a twostep approach whereby an exogenous FDI measure is …

This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles …. I document for the G7 countries between 1991 and 2006 that increases in bilateral FDI linkages are associated with more … synchronized investment cycles. I also find that the relation between FDI integration and synchronization of gross domestic product …