Spillovers and foreign direct investment in UK manufacturing

Duncan McVicar

Applied Economics Letters, 2002, vol. 9, issue 5, 297-300

Abstract: Evidence is presented for the existence of negative spillovers through both foreign direct investment (FDI) and goods imports for UK manufacturing sectors. Support is given to the argument that FDI and imports have a market-stealing effect on domestic firms and can therefore reduce productivity.

Date: 2002
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DOI: 10.1080/13504850110067487

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