FDI, licensing, e crescimento da produtividade total de fatores

Ana Flavia Bonzanini, Eduardo Correia de Souza and Leonardo Melo

Revista Brasileira de Economia - RBE, 2013, vol. 67, issue 1

Abstract: We analyze the impacts of two international technology transfer channels, foreign direct investment (FDI) and licensing, on total factor productivity (TFP) growth in a sample of 88 countries for the period 1980-2006. Comparing with Pessoa (2008), we bring here three original contributions: we include in the econometric model specification a variable which captures the composition of foreign capital flows; our sample comprises poor and developing countries too, not only OECD’s; we offer a treatment for the typical endogeneity problem found in growth regressions which have as explanatory variables measures like countries’ “financial openness”.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:fgv:epgrbe:v:67:y:2013:i:1:a:3867

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