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through both horizontal and vertical linkages and studies the variance of FDI spillovers across regions of Vietnam. Our … backward linkages; the Vietnamese regions benefit from the FDI spillovers but the spillover effects are very different from … higher human capital stock, better financial development and lower technology gap will get more benefits from FDI spillovers …
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This paper constructs a two-stage sequential game model to investigate the spillover effect of inward FDI on improving the efficiency of domestic firms in host countries. Our model shows that, given the optimal joint-venture policy made by foreign firms, the impact of spillover effect of inward...
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