Origin of FDI and Intra-Industry Domestic Spillovers: The Case of Greek and European FDI in Bulgaria
Origin of FDI and Intra-Industry Domestic Spillovers: The Case of Greek and European FDI in Bulgaria
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FDI 的起源和产业内国内溢出：以希腊和欧洲对保加利亚的 FDI 为例
DOI：
10.1111/j.1467-9361.2011.00611.x
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发表时间：
2011
期刊：
影响因子：
--
通讯作者：
Rodrigo Alegría
中科院分区：
文献类型：
--
作者：
V. Monastiriotis;Rodrigo Alegría
本文使用企业层面的数据来评估保加利亚外资企业所有权对国内生产率的横向影响。我们确定了技术距离（国内公司与外国公司）和内部化能力（溢出效应）之间的理论权衡，并研究了这在多大程度上反映在不同类型和来源的外国直接投资对国内经济的影响中。重点放在希腊外国直接投资的影响上，众所周知，这种影响具有明显的“区域性”特征。我们发现，希腊的外国直接投资产生了显著更大的正溢出效应，这似乎更适合保加利亚的转型和经济结构调整的背景。我们还揭示了对所有来源的FDI溢出的一些显著的“滞后”和“技术偏差”效应，以及一些特定国家的所有权结构和门槛效应。
This paper uses firm-level data to assess the horizontal impact of foreign firm ownership on domestic productivity in Bulgaria. We identify a theoretical tradeoff between technological distance (of domestic versus foreign firms) and internalization capacity (of spillovers) and examine the extent to which this is reflected in the impact on the domestic economy of different types and origins of FDI. Emphasis is placed upon the effects of Greek FDI, which is known to be of a distinctively “regional” character. We find that Greek FDI produces significantly larger positive spillovers, which appear more suitable for the Bulgarian context of transition and economic restructuring. We also unveil some notable “hysteresis” and “technology bias” effects for FDI spillovers of all origins, as well as some country-specific ownership-structure and threshold effects.
影响因子：
10.7
作者：
Aitken, BJ;Harrison, AE
通讯作者：
Harrison, AE