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| Author: | Siler, P. Wang, C. Wei, Y. |
| Title: | Productivity Spillovers From Foreign Direct Investment: Evidence From UK Industry Level Panel Data |
| Journal: | Journal of International Business Studies
2000 : VOL. 31:3, p. 407-426 |
| Index terms: | PRODUCTIVITY FOREIGN INVESTMENT UNITED KINGDOM INDUSTRIES PANEL DATA |
| Language: | eng |
| Abstract: | This paper examines infra-industry productivity spillovers from foreign direct investment (FDI) in the UK manufacturing sector. The empirical analysis uses panel data for 48 UK industries over the period 1991-1995. A major contribution is empirical evidence on spillover effects in situations where the host country is developed. The results indicate that the very presence of FDI has a positive spillover impact on the productivity of UK-owned firms. The analysis also shows that the extent to which local firms benefit from the introduction of advanced technology depends largely on their own technological capabilities. |
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