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Erscheinungsjahr: 
2015
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 9259
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
Our estimates, based on large firm-level and industry-level data sets from eighteen countries, suggest that FDI and trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced economies. Moreover, our results indicate that the spillover effects can be detected with micro data at the firm-level, but that using linkage variables computed from input-output tables at the industry level yields much weaker, and usually insignificant, estimated effects. These patterns are consistent with spillover effects being rather proximate and localized.
Schlagwörter: 
innovation
FDI
spillovers
horizontal and vertical linkages
emerging markets
foreign competition
JEL: 
F23
M16
O16
P23
Dokumentart: 
Working Paper

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