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Author:Sabirianova, K.
Svejnar, J.
Terrell, K.
Title:Distance to the efficiency frontier and foreign direct investment spillovers
Journal:Journal of the European Economic Association
2005 : APR-MAY, VOL. 3:2-3, p. 576-586
Index terms:Czech Republic
foreign investment
Russia
Language:eng
Abstract:The authors suggest that domestically owned firms in the Czech Republic and Russia have not been converging to the technological frontier set by foreign-owned firms. It is found that in both countries domestic firms in industries with a greater share of foreign firms are falling behind more than domestic firms in industries with a smaller foreign presence. In Russia this "negative spillover" effect continues to cause domestic firms to fall further behind. However, it is shown that foreign firms experience positive spillovers from other foreign firms operating in the same product market.
SCIMA record nr: 258424
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