Kokko, Ari; Thang, Tran Toan - In: Asian Development Review 31 (2014) 1, pp. 53-91
Foreign direct investment (FDI) may benefit local firms in the host country through various kinds of spillovers, but it may also raise competition and result in the crowding out of domestic firms. Using detailed firm-level data for the period 2001–2008, this paper examines the aggregate effect...
