Abstract:
This paper extends the literature on productivity spillovers from inward FDI. We use comparable industry level data for 17 OECD countries and investigate the importance of horizontal and vertical spillovers, and differences between CEEC and other OECD countries. Results show that there is evidence for spillovers through vertical backward linkages between multinationals and domestic firms for all countries, but that this effect is much higher for CEEC than other OECD countries. We also find some evidence for positive effects from horizontal FDI, but these do not differ between the two country groups.
More papers in Discussion Papers from University of Nottingham, GEP Address: School of Economics University of Nottingham University Park Nottingham NG7 2RD Contact information at EDIRC. Series data maintained by ().
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