In theory, trade and foreign direct investment (FDI) have a positive impact on spillover of technology, demand for human capital and skilled worker wages, profits and total factor productivity. Conditions of increased competition at world scale affect both the production period and change and/or...

The paper extends the findings of Coe and Helpman (1995) model of R&D spillovers by considering foreign direct investment (FDI) as a channel for knowl- edge spillovers in addition to imports. Deeper insights on the issue are provided by examining inter-relationship between knowledge spillovers...

This study examines the effect of foreign direct investment (FDI) on local firms' productivity via human capital transfer from MNEs to local firms. Using the firm-level data for 2010-2015 from the Republic of Korea, we identify human capital spillovers using local firms' hired permanent foreign...