Mebratie, Anagaw Derseh; Bergeijk, Peter A. G. van - In: The Journal of International Trade & Economic Development 22 (2013) 1, pp. 53-74
We analyse the rich literature on FDI spillovers analysing econometric studies published over 1983-2010 and dealing with national studies in 30 developing countries and emerging markets. We find that these studies ignore two sources of heterogeneity: exports and - especially - R&D. Our...