Determinants of Horizontal Spillovers from FDI: Evidence from a Large Meta-Analysis

被引:174
作者
Irsova, Zuzana [1 ]
Havranek, Tomas [1 ,2 ]
机构
[1] Charles Univ Prague, Prague, Czech Republic
[2] Czech Natl Bank, Prague, Czech Republic
关键词
Bayesian model averaging; foreign direct investment; productivity spillovers; determinants; meta-analysis; FOREIGN DIRECT-INVESTMENT; PRODUCTIVITY SPILLOVERS; TECHNOLOGY SPILLOVERS; VERTICAL SPILLOVERS; MULTINATIONAL-ENTERPRISES; MANUFACTURING FIRMS; ECONOMIC-GROWTH; DOMESTIC FIRMS; LEVEL EVIDENCE; PANEL-DATA;
D O I
10.1016/j.worlddev.2012.07.001
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
The voluminous empirical research on horizontal productivity spillovers from foreign investors to domestic firms has yielded mixed results. In this paper we collect 1,205 estimates of spillovers and examine which factors influence spillover magnitude. Our results suggest that horizontal spillovers are on average zero, but that their sign and magnitude depend systematically on the characteristics of the domestic economy and foreign investors. Foreign investors who form joint ventures with domestic firms and who come from countries with a modest technology edge create the largest benefits for the domestic economy. (C) 2012 Elsevier Ltd. All rights reserved.
引用
收藏
页码:1 / 15
页数:15
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