firm’s “absorptive capacity” we find: i) distance from the efficiency frontier tends to dampen horizontal spillovers in … existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country … hypothesis that spillovers are greater for FDI with more advanced technology. While efficiency of domestic firms’ is affected by …

and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …