Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/3091
Authors: 
Görg, Holger
Greenaway, David
Year of Publication: 
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

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