Disentangling FDI Spillover Effects: What Do Firm Perceptions Tell Us?
Disentangling FDI Spillover Effects: What Do Firm Perceptions Tell Us?
复制标题
理清 FDI 溢出效应:企业的看法告诉我们什么?
DOI:
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发表时间:
2005
期刊:
影响因子:
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通讯作者:
Mariana Spatareanu
中科院分区:
文献类型:
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作者:
B. Javorcik;Mariana Spatareanu
Policymakers in developing countries place attracting foreign direct investment (FDI) high on their agenda, expecting FDI inflows to bring new technologies and know-how to their economy, which will help increase the productivity and competitiveness of domestic industries. Many governments go beyond national treatment of multinationals by offering foreign companies, through subsidies and tax holidays, more favorable conditions than those granted to domestic firms. As economic rationale for this special treatment, policymakers often cite positive externalities generated by FDI through productivity spillovers to domestic firms. Despite its importance to public policy choices, there is little conclusive evidence on whether domestic firms benefit from foreign presence in their country. Research based on firm-level panel data, which examines whether the productivity of domestic firms is correlated with the extent of foreign presence in their sector, tends to produce mixed results and often fails to find a significant effect in developing countries. However, the picture is more optimistic for vertical spillovers, namely those occurring through contact between multinationals and their local suppliers of intermediate inputs. New research (e.g., Javorcik 2004b) demonstrates that the productivity of domestic firms is positively correlated with the presence of multinationals in downstream industries.
影响因子:
10.7
作者:
Aitken, BJ;Harrison, AE
通讯作者:
Harrison, AE