 Productivity Spillovers and Multinational Enterprises: in Search of a Spatial DimensionLaura Resmini and Marcella Nicolini No DYNREG10, Papers from Economic and Social Research Institute (ESRI) Abstract: In this paper we analyse whether and to what extent MNEs can generate positive externalities for the host economies by allowing for spatial dependence patterns in TFP growth rates at sectoral and regional level. In order to achieve this research objective we use spatial econometric techniques, which allow us to identify not only the type of spatial dependence governing this phenomenon and to estimate it consistently, but also clusters and other “anomalies” in the patterns of productivity spillovers. There has been, at least in our knowledge, no spatial econometric study on the impact of MNEs on aggregate TFP; therefore, we aim at filling this gap. We found evidence of positive spillovers from MNEs operating in the region, and negative spillovers from MNEs outside the region. The latter are however limited to specific groups of regions, such as the capital regions and regions bordering with former EU-15 countries. Therefore, we can conclude that there seems to be a regional channel for FDI spillovers. Keywords: DYNREG; foreign direct investment; productivity growth; spatial spillovers (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:esr:wpaper:dynreg10 Access Statistics for this paper More papers in Papers from Economic and Social Research Institute (ESRI) Contact information at EDIRC. |
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