In this paper we consider relationship between foreign direct investment (as one of the mechanisms of technological … productivity from the viewpoint of endogenous growth theory. We then turn to the comparative analysis of FDI inflow to Russia and … other countries broken down by economic industries. We find that Russian industries capable of increasing TFP and positively …

output and measured TFP in the range of 30 to 50 percent. We show that these effects can result from policies that do not … generate differences in capital accumulation, relative prices, and measured TFP. …