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| Author: | Bosco, M. G. |
| Title: | Does FDI contribute to technological spillovers and growth? A panel data analysis of Hungarian firms |
| Journal: | Transnational Corporations
2001 : APR, VOL. 10:1, p. 43-68 |
| Index terms: | FOREIGN INVESTMENT TECHNOLOGY GROWTH COMPANIES HUNGARY EUROPE |
| Freeterms: | FDI |
| Language: | eng |
| Abstract: | This article seeks to contribute to the growing literature foreign direct investment and growth. A sample of Hungarian firms was used to answer the questions of whether foreign affiliates perform better than local firms; if there are spillovers from foreign affiliates to domestic firms; and whether the presence of foreign affiliates in high-technology industries enhances technological spillovers. The findings seem to confirm what has already been found in studies of other developing and transition economies, namely, that the performance of foreign affiliates in Hungary is better than that of domestic firms. The evidence for technological spillovers is weak and does not allow clear-cut conclusions. Foreign presence in high-technology industries does seem to have a positive effect on both local and foreign firms. |
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