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We develop a tractable growth model to study the dynamic macroeconomic effects of multinational production (MP) across countries. In this model, MP is the vehicle of international idea diffusion: when firms produce in a foreign country, they contribute to the local stock of knowledge. We...
Persistent link: https://www.econbiz.de/10014235704
This paper is based on the model of backward linkages from foreign direct investment (FDI) Lin/Saggi (2003), where the market structure of the final goods sector is represented by a monopoly or Cournot oligopoly, and the supplier sector - by a pure monopoly. We extend this model by examining...
Persistent link: https://www.econbiz.de/10013316575
-border merger and acquisition (M&A) purchases. The goal of the study is to test for reverse technological spillovers to the FDI … spillovers, which would affect the TFP of home countries differently. We apply a two-step system generalized method of moments …'s TFP. Second, disentangling OFDI by mode of investment reveals both positive and negative reverse spillovers from FDI to …
Persistent link: https://www.econbiz.de/10014635353
The impact of foreign collaborations or international technology transfers in developing host countries has been a major bone of contention. Literature on this subject has varied views and the role of MNCs in and the sharing of the net benefits between the technology givers and technology takers...
Persistent link: https://www.econbiz.de/10013038034
for technological externalities, or spillovers. In addition to a review of recent empirical research on technology … spillovers through trade and foreign direct investment, the discussion guided by a model of foreign direct investment, trade, and … endogenous technology transfer. There is evidence for technology spillovers from both international trade and the activity of …
Persistent link: https://www.econbiz.de/10014025152
The paper examines the foreign direct investment (FDI) spillover effects in developing countries and investigates the importance of the absorptive capacity of a firm and a country in realizing and facilitating FDI spillover. It uses data obtained from the World Bank's Enterprise Surveys for 107...
Persistent link: https://www.econbiz.de/10013256474
spillovers from multinationals to domestic firms justify pro-FDI policies. For the first time, we use firm-to-firm transaction … superstars intensive in R&D, IT and/or human capital. In addition to productivity spillovers, we document the transmission of …
Persistent link: https://www.econbiz.de/10014289451
We examine how the structure of multinational enterprises; (MNEs) activity affects technology spillovers between MNEs … the effects of these types of FDI on technology spillovers captured by patent citations. Our findings reveal that when … developed economies host Japanese MNEs, pure vertical FDI has significantly positive effects on technology spillovers in both …
Persistent link: https://www.econbiz.de/10009153950
Persistent link: https://www.econbiz.de/10015327440
The bulk of the global innovative effort takes place in 5 countries: USA, Japan and China as leaders, with France and United Kingdom as immediate followers, which all display, on the long run, a negative marginal value added on innovation. The present paper attempts to answer the following...
Persistent link: https://www.econbiz.de/10013094870