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The Effects of Regional and Industry: Wide FDI Spillovers on Export of Ukrainian Firms

Sang-Min Park, Oleksandr Talavera () and Stefan Lutz

No 03-54, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: In this paper we investigate the effects of region and industry?wide spillovers from foreign direct investment (FDI) on the volumes of export of Ukrainian manufacturing firms, using unpublished panel data from 1996?2000. Economic theory suggests that FDI has direct and indirect effects on firm?s performance. Our analysis focuses on the indirect effects like competition and linkage effects through industrial and regional spillovers respectively. We use a simple Cournot competition model in order to test for industrial and regional spillovers. The estimation results suggest that large firms, durable?goods makers, and firms located in urban areas benefit most from FDI spillovers.

Keywords: transition economies; Ukraine; foreign direct investment; spillovers (search for similar items in EconPapers)
JEL-codes: F23 L60 (search for similar items in EconPapers)
Date: 2003
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:1377

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