Is Exporting a Source of Productivity Spillovers?

Is Exporting a Source of Productivity Spillovers? PDF Author: Roberto Alvarez
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper investigates whether exporting generates positive productivity spillover effects on other plants operating in the same industry and whether exporting affects productivity of plants in vertically related industries. Using plant-level data from Chile we find that exporters improve productivity of their local suppliers but not of plants that purchase intermediate inputs from them. We also find evidence of horizontal spillovers from exporting. Exporting by foreign-owned plants generates positive spillovers in all directions: to their suppliers, customers, and to other plants in the same industry. Domestic exporters increase productivity of their suppliers and, to a lesser extent, that of plants in the same sector.

Is Exporting a Source of Productivity Spillovers?

Is Exporting a Source of Productivity Spillovers? PDF Author: Roberto Alvarez
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper investigates whether exporting generates positive productivity spillover effects on other plants operating in the same industry and whether exporting affects productivity of plants in vertically related industries. Using plant-level data from Chile we find that exporters improve productivity of their local suppliers but not of plants that purchase intermediate inputs from them. We also find evidence of horizontal spillovers from exporting. Exporting by foreign-owned plants generates positive spillovers in all directions: to their suppliers, customers, and to other plants in the same industry. Domestic exporters increase productivity of their suppliers and, to a lesser extent, that of plants in the same sector.

Sources of Productivity Spillovers: Panel Data Evidence from China

Sources of Productivity Spillovers: Panel Data Evidence from China PDF Author: Badi H. Baltagi
Publisher:
ISBN:
Category :
Languages : en
Pages : 28

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Book Description


Does What You Export Matter?

Does What You Export Matter? PDF Author: Daniel Lederman
Publisher: World Bank Publications
ISBN: 0821384910
Category : Business & Economics
Languages : en
Pages : 153

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Book Description
Does what economies export matter for development? If so, can industrial policies improve on the export basket generated by the market? This book approaches these questions from a variety of conceptual and policy viewpoints. Reviewing the theoretical arguments in favor of industrial policies, the authors first ask whether existing indicators allow policy makers to identify growth-promoting sectors with confidence. To this end, they assess, and ultimately cast doubt upon, the reliability of many popular indicators advocated by proponents of industrial policy. Second, and central to their critique, the authors document extraordinary differences in the performance of countries exporting seemingly identical products, be they natural resources or 'high-tech' goods. Further, they argue that globalization has so fragmented the production process that even talking about exported goods as opposed to tasks may be misleading. Reviewing evidence from history and from around the world, the authors conclude that policy makers should focus less on what is produced, and more on how it is produced. They analyze alternative approaches to picking winners but conclude by favoring 'horizontal-ish' policies--for instance, those that build human capital or foment innovation in existing and future products—that only incidentally favor some sectors over others.

Spillovers, Foreign Investment, and Export Behavior

Spillovers, Foreign Investment, and Export Behavior PDF Author: Brian J. Aitken
Publisher:
ISBN:
Category : Export marketing
Languages : en
Pages : 56

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Book Description
Case studies of export behavior suggest that firms who penetrate foreign markets reduce entry costs for other potential exporters, either through learning by doing or through establishing buyer- supplier linkages. We pursue the idea that spillovers associated with one firm's export activity reduce the cost of foreign market access for other firms. We identify two potential sources of spillovers: export activity in general and the specific activities of multinational enterprises. We use a simple model of export behavior to derive a logit specification for the probability a firm exports. Using panel data on Mexican manufacturing plants, we find evidence consistent with spillovers from the export activity of multinational enterprises but not with general export activity.

Multinationals and Productivity Spillovers

Multinationals and Productivity Spillovers PDF Author: Holger Görg
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
In recent years the British government has spent substantial sums in order to attract foreign multiinationals to the UK. Amongst other things this has been motivated by the possibility that foreign multinationals bring with them new technologies which may "spill over" to the economy. The present paper discusses the evidence on productivity spillovers in the UK and provides further results. While the international evidence on productivity spillovers is far from conclusive on whether or not these benefits actually accrue to domestic firms, recent evidence based on micro level data for the UK is quite encouraging. Our empirical analysis, based on OneSource for the period 1988 to 1996, is in line with that evidence. However, spillovers depend on the market orientation of FDI, with export oriented FDI being more likely to generate positive spillovers, while domestic market oriented FDI seems to crowd out domestic firms and reduce their productivity. Also, the export orientation of domestic firms matters, in general, exporters appear to benefit most from spillovers than non-exporters.

Parental Supervision

Parental Supervision PDF Author: Theodore H. Moran
Publisher: Peterson Institute
ISBN: 9780881323139
Category : Business & Economics
Languages : en
Pages : 108

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Book Description
Assesses the opportunities and dangers that foreign direct imvestment may present to the growth of developing countries. Reviews contemporary efforts to measure the impact of simultaneous trade and investment liberalization on host country welfare, finding that the magnitude of both the benefits and the costs may be far greater than conventional wisdom suggests.

Innovation and Growth in the Global Economy

Innovation and Growth in the Global Economy PDF Author: Gene M. Grossman
Publisher: MIT Press
ISBN: 9780262570978
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents. Traditional growth theory emphasizes the incentives for capital accumulation rather than technological progress. Innovation is treated as an exogenous process or a by-product of investment in machinery and equipment. Grossman and Helpman develop a unique approach in which innovation is viewed as a deliberate outgrowth of investments in industrial research by forward-looking, profit-seeking agents.

China's Growing Role in World Trade

China's Growing Role in World Trade PDF Author: Robert C. Feenstra
Publisher: University of Chicago Press
ISBN: 0226239721
Category : Business & Economics
Languages : en
Pages : 603

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Book Description
In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

From Innovation to Exporting Or Vice Versa?

From Innovation to Exporting Or Vice Versa? PDF Author: Jože P. Damijan
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Firm productivity and export decisions are closely related to innovation activity. Innovation may play a more important role in the decision to start exporting, and successful exporting may drive process innovation. This suggests that the causality between innovation and exporting may run in both directions. Using detailed microdata from innovation surveys, industrial production surveys, and trade information for Slovenian firms in 1996-2002, we investigate the bidirectional causal relationship between firm innovation and export activity. We find no evidence for the hypothesis that either product or process innovations increase the probability of becoming a first-time exporter, but we do find evidence in both the innovation survey and the industrial production survey that exporting leads to productivity improvements. These, however, are likely to be related to process rather than product innovations, and are observed only in a sample of medium and large first-time exporters. This finding makes a case in favour of the learning-by-exporting hypothesis by demonstrating that these learning effects from exporting occur through the mechanism of process innovation enhancing firm technical efficiency.

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.