The Direct Contribution of FDI to Productivity Growth in Britain, 1997–2008
The Direct Contribution of FDI to Productivity Growth in Britain, 1997–2008
复制标题
1997-2008 年 FDI 对英国生产力增长的直接贡献
DOI:
10.1111/twec.12059
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发表时间:
2013
期刊:
影响因子:
--
通讯作者:
J. Moffat
中科院分区:
文献类型:
--
作者:
Richard D. F. Harris;J. Moffat
This paper considers the contribution of foreign‐owned plants and firms to aggregate total factor productivity (TFP) growth in Britain for 1997–2008 using data from the Annual Respondents' Database. The contribution of different sub‐groups is further decomposed to show the role of continuing plants vis‐a‐vis reallocations in output shares. TFP is calculated using system GMM estimation. Taking into account the smaller initial size of the foreign‐owned sector in 1997, foreign‐owned plants contributed relatively more to aggregate productivity growth than UK‐owned plants over the period. This strong performance is mostly the result of reallocations of output shares towards high productivity continuing plants and the opening of high productivity plants.