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European emerging and transition economies are in immense need of investments and renewal of capital, yet they produce a considerable amount of unutilized resources. In particular, banks hold excess liquidity in the face of seemingly profitable lending opportunities. Is it a demand-side or...
Persistent link: https://www.econbiz.de/10013294231
The present paper conducts a meta-analysis of literature on intra-industry spillovers from foreign direct investment …. Contrary to previous studies, evidence for publication bias was not detected. -- meta-analysis ; productivity spillovers …
Persistent link: https://www.econbiz.de/10003755157
domestic firms. This study aims to explain how spillovers are transferred from FDIs to domestic firms. The econometrical … and agglomeration of FDIs and conform with the evidence that shows that FDIs have produced negative spillovers on domestic …
Persistent link: https://www.econbiz.de/10003755242
We analyze a two-country model of Foreign Direct Investment (FDI). Two firms, each of which is originally situated in … relocate R&D activities. Finally, they engage in product-market competition. Our main points are: first, FDI liberalization … causes a relocation of R&D activities if intrafirm communication is sufficiently well developed, external spillovers are …
Persistent link: https://www.econbiz.de/10003354423
We review previous literature on productivity spillovers of foreign direct investment (FDI) in China and conduct our … own analysis using a crosssection of firm data. We find that the evidence of FDI spillovers on the productivity of Chinese … systematic positive productivity spillovers from FDI. We do, however, find robust evidence that Chinese private firms tend to …
Persistent link: https://www.econbiz.de/10003809743
investments (FDI) in the US. In contrast to earlier work, this paper puts special emphasis on controlling for Marshallian … externalities and other intra- and inter-regional spillovers generated by domestic firms. The productivity effects of these … externalities may, if not accounted for appropriately, be falsely attributed to FDI. This paper also deals with the potential …
Persistent link: https://www.econbiz.de/10003864488
Firms cluster their economic activities to exploit technological and informational spillovers from other firms …. Spillovers through the entry of multinational firms can be particularly beneficial to domestic firms because of their … technological superiority. Yet, the importance of foreign firm's spillovers might depend on two key features of domestic firms …
Persistent link: https://www.econbiz.de/10003435600
The paper analyses productivity spillovers from foreign MNEs on domestic manufacturing firms. Using a database on … higher when local and foreign firms in manufacturing sectors are co-located. However, spillovers benefiting domestic firms …
Persistent link: https://www.econbiz.de/10008808086
. -- FDI ; spillovers ; forward-backward linkages … that local firms benefit from supplying multinational firms (spillovers through backward linkages) and by purchasing inputs … from multinationals (spillovers through forward linkages). The existing literature on productivity spillovers has relied on …
Persistent link: https://www.econbiz.de/10008655541
researchers report mixed results on spillovers. To examine the phenomenon in a systematic way, we collected 3,626 estimates from … 57 empirical studies on between-sector spillovers and reviewed the literature quantitatively. Our results indicate that … insignificant. Greater spillovers are generated by investors that come from distant countries and that have only slight …
Persistent link: https://www.econbiz.de/10008655550