This paper presents a comparative study of the importance of direct technology transfer and spillovers through FDI on a … interesting results which contrast with the previous empirical work in the field. We find that horizontal spillovers have become … increasingly important over the last decade, and they may even become more important than vertical spillovers. Furthermore, this …

Empirical evidence about FDI spillovers to domestic firms has provided mixed results. This global evaluation has … recently been complemented with the analysis of the factors that determine the existence, dimension and sign of FDI spillovers …. We survey the arguments that support these factors and analyze the empirical evidence already produced. FDI spillovers …

-national governments. We look at a model where districts of di_erent size provide local public goods with positive spillovers. Matching …

VARs of real growth since 1970 are used to estimate spillovers between the U.S., euro area, Japan, and an aggregate of … small industrial countries, which proxies for global shocks. U.S. and global shocks generate significant spillovers, while … variables indicate that financial effects dominate spillovers. The results by subperiod underline the importance of the great …

transformation. We consider three essential elements for the analysis: skill requirements, industry-wide spillovers, and degrees of …