The DOI matches its Crossref record; 59 of the 59 references it cites were found in a registry or an index.
Does Inward Foreign Direct Investment Boost the Productivity of Domestic Firms?
Abstract
Are there productivity spillovers from FDI to domestic firms, and, if so, how much should host countries be willing to pay to attract FDI? To examine these questions, we use a plant-level panel covering U.K. manufacturing from 1973 through 1992. Consistent with spillovers, we estimate a robust and significantly positive correlation between a domestic plant's TFP and the foreign-affiliate share of activity in that plant's industry. Typical estimates suggest that a 10-percentage-point increase in foreign presence in a U.K. industry raises the TFP of that industry's domestic plants by about 0.5%. We also use these estimates to calculate the per-job value of these spillovers at about £2,400 in 2000 prices ($4,300). These calculated values appear to be less than per-job incentives governments have granted in recent high-profile cases, in some cases several times less.
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Do Domestic Firms Benefit from Direct Foreign Investment? Evidence from Venezuela
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Cited by
Angrist, J. D., & Krueger, A. B. (2001) · Journal of Economic Perspectives · doi:10.1257/jep.15.4.69 · Cited by 2,355
Welfare gains from Foreign Direct Investment through technology transfer to local suppliers
Blalock, G., & Gertler, P. J. (2008) · Journal of International Economics · doi:10.1016/j.jinteco.2007.05.011 · Cited by 976
Estimating the Knowledge-Capital Model of the Multinational Enterprise: Comment
Blonigen, B. A., Davies, R. B., & Head, K. (2003) · American Economic Review · doi:10.1257/000282803322157214 · Cited by 867
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GIANNETTI, M., LIAO, G., & YU, X. (2015) · The Journal of Finance · doi:10.1111/jofi.12198 · Cited by 851
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Hu, A. G., & Jefferson, G. H. (2009) · Journal of Development Economics · doi:10.1016/j.jdeveco.2008.11.004 · Cited by 614
Metadata
- Authors
- Haskel, J. E., Pereira, S. C., & Slaughter, M. J.
- Venue
- Review of Economics and Statistics
- Publisher
- MIT Press - Journals
- Published
- 2007-08
- Volume
- 89
- Issue
- 3
- Pages
- 482-496
- ISSN
- 0034-6535 (ISSN-L)
- 1530-9142
- OpenAlex
- W3122619127
- Cited by
- 935
- References
- 59
- FWCI
- 162.50
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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