Impact of firm heterogeneity on direct and spillover effects on FDI

Impact of firm heterogeneity on direct and spillover effects on FDI PDF Author: Jože Pavlič Damijan
Publisher:
ISBN: 9789616543613
Category :
Languages : en
Pages : 0

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Impact of firm heterogeneity on direct and spillover effects on FDI

Impact of firm heterogeneity on direct and spillover effects on FDI PDF Author: Jože Pavlič Damijan
Publisher:
ISBN: 9789616543613
Category :
Languages : en
Pages : 0

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Book Description


Impact of firm heterogeneity on direct and spillover effects on FDI

Impact of firm heterogeneity on direct and spillover effects on FDI PDF Author: Jože Pavlič Damijan
Publisher:
ISBN: 9789616543613
Category :
Languages : en
Pages : 26

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Book Description


Firm Heterogeneity and FDI-Related Productivity Spillovers

Firm Heterogeneity and FDI-Related Productivity Spillovers PDF Author: Sajid Anwar
Publisher:
ISBN:
Category :
Languages : en
Pages : 17

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Book Description
A number of existing empirical studies have attempted to estimate the foreign direct investment-related productivity spillover effects to domestic firms in host economies using various methodologies and measures of FDI. This literature has produced mixed results. While some studies found positive spillovers, others reported zero or even negative spillovers. In this paper, using a model of firm heterogeneity, we provide a rigorous theoretical justification for the mixed findings. We show that FDI-related productivity spillover effects can be decomposed into a direct and an indirect effect. If the direct effect is positive then relatively less capable domestic firms that were not able to survive in the industry (before the arrival of foreign firms) can enter the industry, which decreases the average (expected) productivity of the industry. If this indirect effect is sufficiently strong then the overall impact of FDI on productivity of domestic firms can be zero or negative. Hence, irrespective of the type of FDI (vertical or horizontal) and control variables included in empirical models, one may find negative or zero spillover effects.

Which Firms Create Them and Which Firms Really Benefit? FDI Spillovers in New EU Member States

Which Firms Create Them and Which Firms Really Benefit? FDI Spillovers in New EU Member States PDF Author: Marcella Nicolini
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Using an unbalanced panel of firm-level data in Bulgaria, Poland and Romania, we examine the impact of foreign firms on domestic firms' productivity. In particular, we try to answer the following research questions: (1) Are there any spillover effects of foreign direct investments (FDI), and if so, are they positive or negative? (2) Are spillover effects more likely to occur within or across sectors? (3) Are the existence, the direction and the magnitude of spillovers conditioned by sector and firm-specific characteristics? Our findings show that FDI spillovers exist both within and across sectors. The former arise when foreign firms operate in labour-intensive sectors, while the latter occur when foreign firms operate in high-tech sectors. Moreover, we find that domestic firm size conditions the exploitation of FDI spillovers even after controlling for absorptive capacity. We also detect a great deal of heterogeneity across countries consistent with the technology gap hypothesis.

Impact of International Business

Impact of International Business PDF Author: Heinz Tuselmann
Publisher: Springer
ISBN: 1137569468
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
The international community is confronted with a new set of challenges, the scale and complexity of which is virtually unprecedented. In this connection, there are heightened demands for international business research to provide guidance for decision-makers on how to solve actual problems. Impact of International Business addresses current challenges and issues, and provides fresh insights that are pertinent for policy and practice. The book examines various contemporary international business issues from various viewpoints, draws on research conducted in different countries, examines IB issues in both developed and emerging country contexts, offers various theoretical perspectives and different methodologies. It provides both rigorous empirical and conceptual advances and insights that are useful and relevant for managers and policy makers in their search for solutions in face of current challenges posed by the international environment.

Making Foreign Direct Investment Work for Sub-Saharan Africa

Making Foreign Direct Investment Work for Sub-Saharan Africa PDF Author: Thomas Farole
Publisher: World Bank Publications
ISBN: 1464801266
Category : Business & Economics
Languages : en
Pages : 302

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Book Description
This book presents the results of a groundbreaking study on ‘spillovers’ of knowledge and technology from global value-chain oriented foreign direct investment (FDI) in Sub-Saharan Africa, and discusses implications for policymakers hoping to harness the power of FDI for economic development.

Productivity Convergence

Productivity Convergence PDF Author: Edward N. Wolff
Publisher: Cambridge University Press
ISBN: 1107651212
Category : Business & Economics
Languages : en
Pages : 537

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Book Description
A vast new literature on the sources of economic growth has now accumulated. This book critically reviews the most significant works in this field and summarizes what is known today about the sources of economic growth. The first part discusses the most important theoretical models that have been used in modern growth theory as well as methodological issues in productivity measurement. The second part examines the long-term record on productivity among Organization for Economic Co-operation and Development (OECD) countries, considers the sources of growth among them with particular attention to the role of education, investigates convergence at the industry level among them, and examines the productivity slowdown of the 1970s. The third part looks at the sources of growth among non-OECD countries. Each chapter emphasizes the factors that appear to be most important in explaining growth performance.

Foreign Direct Investment, Spillovers and Absorptive Capacity

Foreign Direct Investment, Spillovers and Absorptive Capacity PDF Author: Sourafel Girma
Publisher:
ISBN:
Category :
Languages : en
Pages : 40

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Book Description
This paper focuses on the role of absorptive capacity in determining whether or not domestic firms benefit from productivity spillovers from FDI using establishment level data for the UK. We allow for different effects of FDI on establishments located at different quantiles of the productivity distribution by using conditional quantile regression. Overall, while there is some heterogeneity in results across sectors and quantiles, our findings clearly suggest that absorptive capacity matters for productivity spillover benefits. We find evidence for a u-shaped relationship between productivity growth and FDI interacted with absorptive capacity. We also analyse in some detail the impact of changes in absorptive capacity on establishments' ability to benefit from spillovers.

The Distribution of Foreign Direct Investment in China

The Distribution of Foreign Direct Investment in China PDF Author: Harry G. Broadman
Publisher:
ISBN:
Category : China
Languages : en
Pages : 28

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Book Description


The Technological Role of Inward Foreign Direct Investment in Central East Europe

The Technological Role of Inward Foreign Direct Investment in Central East Europe PDF Author: J. Stephan
Publisher: Springer
ISBN: 1137333766
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
Foreign direct investment (FDI) assumed a prominent role in Central East Europe (CEE) early on in the transition process. Foreign investors were assigned the task of restructuring markets, providing capital and knowledge for investment in technologically outdated and financially ailing firms.