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Author:Yudaeva, K. (et al.)
Title:Does foreign ownership matter? The Russian experience
Journal:Economics of transition
2003 : VOL. 11:3, p. 383-409
Index terms:Foreign investment
Russia
Freeterms:Spillovers
Language:eng
Abstract:Productivity of Russian companies that have foreign direct investments with productivity of fully domestically owned companies is compared and spillovers from foreign-owned companies to domestic are analysed in this article. Foreign companies are shown to be more productive than domestic ones, but productivity of the former is negatively affected by slow progress of reforms in the regions where they operate. It is also shown that there are positive spillovers from foreign-owned companies to domestic companies in the same industry, but negative effects on domestic companies that are vertically related to foreign-owned companies.
SCIMA record nr: 256695
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