Multinational Enterprises, International Trade, and Productivity Growth : Firm-Level Evidence From the United States

Firm-Level Evidence From the United States

Multinational Enterprises, International Trade, and Productivity Growth : Firm-Level Evidence From the United States
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 11 percent READ MORE...

Publication date: December 2003
ISBN 9781451875898
$15.00

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