Does foreign direct investment increase the productivity of domestic firms? In search of spillovers through backward linkages
成果类型:
Article
署名作者:
Javorcik, BS
署名单位:
The World Bank
刊物名称:
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN:
0002-8282
DOI:
10.1257/0002828041464605
发表日期:
2004
页码:
605-627
关键词:
panel-data
EFFICIENCY
COMPETITION
摘要:
Many countries strive to attract foreign direct investment (FDI) hoping that knowledge brought by multinationals will spill over to domestic industries and increase their productivity. In contrast with earlier literature that failed to find positive intraindustry spillovers from FDI, this study focuses on effects operating across industries. The analysis, based on firm-level data from Lithuania, produces evidence consistent with positive productivity spillovers from FDI taking place through contacts between foreign affiliates and their local suppliers in upstream sectors. The data indicate that spillovers are associated with projects with shared domestic and foreign ownership but not with fully owned foreign investments.