Productivity spillovers from foreign multinationals and trade policy: firm-level analysis of Vietnamese manufacturing

Truong Thi Ngoc Thuyen, Juthathip Jongwanich and Eric Ramstetter ()

No 2014-10, AGI Working Paper Series from Asian Growth Research Institute

Abstract: This article examines how the presence of foreign multinational enterprises (MNEs) affects productivity in local firms in Vietnamese manufacturing in 2005-2010. The paper also emphasizes how import protection has affected these productivity spillovers and how spillovers from wholly-foreign MNEs and joint ventures differ. The most consistent result suggests wholly-foreign MNEs impart negative spillovers while joint ventures generate positive spillovers. Theory and random effects estimates also indicate that import protection reduces local firm productivity and weakens the effect of spillovers from all MNEs, but this result is not obtained when a fixed effects estimator is used. Results are similar in samples of labour-intensive industries, which include close to three-fourths of all sample firms, but differ markedly for more capital-intensive groups.

Keywords: Multinational enterprise; spillover; tradepolicy; manufacturing; Vietnam; Multinational enterprise; spillover; tradepolicy; manufacturing; Vietnam (search for similar items in EconPapers)
JEL-codes: F23 L60 O24 O53 (search for similar items in EconPapers)
Date: 2014-06
New Economics Papers: this item is included in nep-cse, nep-eff, nep-int and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://id.nii.ac.jp/1270/00000058/ (text/html)
https://agi.repo.nii.ac.jp/?action=repository_acti ... bute_id=22&file_no=1 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:agi:wpaper:00000058

Access Statistics for this paper

More papers in AGI Working Paper Series from Asian Growth Research Institute Contact information at EDIRC.
Bibliographic data for series maintained by Kazuki Tamura ().