Publication: Much Ado about Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?
Date
2004-09-01
ISSN
Published
2004-09-01
Author(s)
Görg, Holger
Greenaway, David
Abstract
Governments the world over offer
significant inducements to attract investment, motivated by
the expectation of spillover benefits to augment the primary
benefits of a boost to national income from new investment.
There are several possible sources of induced spillovers
from foreign direct investment. This article evaluates the
empirical evidence on productivity, wage, and export
spillovers in developing, developed, and transition
economies. Although theory can identify a range of possible
spillover channels, robust empirical support for positive
spillovers is at best mixed. The article explores the
reasons and concludes with a review of policy aspects.
Citation
“Görg, Holger; Greenaway, David. 2004. Much Ado about Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?. World Bank Research Observer. © World Bank. http://openknowledge.worldbank.org/handle/10986/16412 License: CC BY-NC-ND 3.0 IGO.”
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