Foreign direct investment and technology spillovers: Evidence from panel data analysis of manufacturing firms in Zambia

• 成果类型: Article
• 署名作者: Bwalya, Samuel Mulenga
• 署名单位: University of Zambia
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2005.06.011
• 发表日期: 2006
• 页码: 514-526
• 关键词: foreign investment; Technology spillovers; PRODUCTIVITY; Manufacturing firms

摘要

The most pronounced reason for providing fiscal incentives to attract foreign direct investment (FDI) is that FDI is an effective conduit for technology transfer through technology spillovers to domestically owned firms in the host country. This study analyzes the nature and significance of productivity externalities of FDI to local firms, both in terms of intra-industry and inter-industry spillovers, using firm-level data from Zambia. The results show little evidence in support of intra-industry productivity spillovers from FDI on one hand, and significant inter-industry knowledge spillovers occurring through linkages. The net impact of FDI depends on the interaction between intra-industry and inter-industry productivity effects. (c) 2006 Elsevier B.V. All rights reserved.