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Erscheinungsjahr: 
2003
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 944
Verlag: 
Institute for the Study of Labor (IZA), Bonn
Zusammenfassung: 
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.
Schlagwörter: 
foreign direct investment
multinationals, spillovers
productivity
wages
exports
JEL: 
F21
F23
Dokumentart: 
Working Paper

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