Bode, Eckhardt; Nunnenkamp, Peter; Waldkirch, Andreas - In: Canadian Journal of Economics 45 (2012) 1, pp. 16-40
This paper estimates the aggregate productivity effects of Marshallian externalities generated by foreign direct investment (FDI) in US states, controlling for Marshallian externalities and other spatial spillovers generated by domestic firms. A regional production function framework models...