Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - In: Annals of Economics and Finance 15 (2014) 2, pp. 893-961
hypothesis that spillovers are greater for FDI with more advanced technology. While efficiency of domestic firms' is affected by … existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country … the business environment, the strength of FDI spillovers is not, either when measured by the degree of corruption …