Foreign direct investment, spillovers and absorptive capacity: evidence from quantile regressions

Arbeitspapier

This paper focuses on the role of absorptive capacity in determining whether or not domestic firms benefit from productivity spillovers from FDI using establishment level data for the UK. We allow for different effects of FDI on establishments located at different quantiles of the productivity distribution by using conditional quantile regression. Overall, while there is some heterogeneity in results across sectors and quantiles, our findings clearly suggest that absorptive capacity matters for productivity spillover benefits. We find evidence for a u-shaped relationship between productivity growth and FDI interacted with absorptive capacity. We also analyse in some detail the impact of changes in absorptive capacity on establishments' ability to benefit from spillovers.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Discussion Paper Series 1 ; No. 2005,13

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multinational Firms; International Business ; International Investment; Long-term Capital Movements
• Thema: foreign direct investment ; absorptive capacity ; productivity spillovers ; quantile regressions ; Produktivität ; Eigentümerstruktur ; Multinationales Unternehmen ; Spillover-Effekt ; Elektronikindustrie ; Feinmechanische Industrie ; Schätzung ; Grossbritannien

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Girma, Sourafel ; Görg, Holger
• Ereignis: Veröffentlichung
• (wer): Deutsche Bundesbank
• (wo): Frankfurt a. M.
• (wann): 2005

Weitere Informationen

• Handle: http://hdl.handle.net/10419/19521
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ