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| Title: | | Much ado about nothing? Do domestic firms really benefit from foreign investment?  |
| Authors: | | Görg, Holger Greenaway, David |
| Issue Date: | | 2002 |
| Series/Report no.: | | CEPR Discussion paper series / Centre for Economic Policy Research 3485 |
| Abstract: | | Many governments offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits. This Paper begins by reviewing possible sources of spillovers. It then provides a comprehensive evaluation of the empirical evidence on productivity, wages and exports spillovers in developing, developed and transitional economies. Although theory can identify a range of possible spillover channels, robust empirical support for positive spillovers is hard to find. The reasons for this are explored and the Paper concludes with a review of policy aspects. |
| JEL: | | F21 F23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW Economists Online
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