Import and FDI as channels of international TFP spillovers
Rafal Zelazny (),
Magdalena Kozlowska and
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Jacek Pietrucha: University of Economics in Katowice, Poland
Rafal Zelazny: University of Economics in Katowice, Poland
Magdalena Kozlowska: University of Economics in Katowice, Poland
Oliwia Sojka: University of Economics in Katowice, Poland
Equilibrium. Quarterly Journal of Economics and Economic Policy, 2018, vol. 13, issue 1, 55-72
Research background: In existing studies two main channels of international technology spillovers are extensively discussed — trade and FDI. Nevertheless empirical studies give mixed results regards the nature and extent of trade and FDI spillovers. Purpose of the article: The aim of the article is to study import and foreign direct investments (FDI) as channels of international TFP spillovers. Methods: We employ dynamic spatial autoregression (SAR) methods. Our panel comprises data for 41 developed and upper mid-developed countries over the period 1995–2014. Findings & Value added: Our preliminary results show that (1) the trade and investment channels are both important for technology transfer, (2) the degree of their significance depends on the absorptive capacity such as good quality of the institutions.
Keywords: technology transfer; growth; trade; foreign investment; TFP (search for similar items in EconPapers)
JEL-codes: O11 O33 O50 C23 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pes:ierequ:v:13:y:2018:i:1:p:55-72
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