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http://hdl.handle.net/10419/3091
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| Title: | | Much ado about nothing? Do domestic firms really benefit from foreign direct investment?  |
| Authors: | | Görg, Holger Greenaway, David |
| Issue Date: | | 2003 |
| Citation: | | [Series:] IZA discussion papers [Editor:] Forschungsinstitut zur Zukunft der Arbeit, Bonn [No.:] 944 |
| Series/Report no.: | | IZA Discussion paper series 944 |
| Abstract: | | Governments the world over offer significant inducements to attract inward investment, motivated by the expectation of spillover benefits to augment the primary benefits of a boost to national income from new investment. This paper begins by reviewing possible sources of FDI induced 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, at best, mixed. The reasons for this are explored and the paper concludes with a review of policy aspects. |
| Subjects: | | foreign direct investment , multinationals, spillovers , productivity , wages , exports |
| JEL: | | F21 F23 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des IfW IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA) Economists Online
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