Arbeitspapier
Productivity convergence and foreign ownership at the establishment level
This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at the establishment level. We find convergence to the frontier is statistically and quatatively important, suggesting the existence of technology spillovers. Foreign multinationals make up a significant proportion of establishments at the technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence that increased foreign presence within an industry raises the speed of convergence to the technological frontier.
- Language
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Englisch
- Bibliographic citation
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Series: IFS Working Papers ; No. 02/22
- Classification
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Wirtschaft
Multinational Firms; International Business
Technological Change: Choices and Consequences; Diffusion Processes
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
- Subject
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Foreign Direct Investment (FDI)
knowledge spillovers
competition
Produktivität
Entwicklungskonvergenz
Direktinvestition
Spillover-Effekt
Verarbeitendes Gewerbe
Großbritannien
- Event
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Geistige Schöpfung
- (who)
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Griffith, Rachel
Redding, Stephen
Simpson, Helen
- Event
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Veröffentlichung
- (who)
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Institute for Fiscal Studies (IFS)
- (where)
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London
- (when)
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2002
- DOI
-
doi:10.1920/wp.ifs.2002.0222
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Griffith, Rachel
- Redding, Stephen
- Simpson, Helen
- Institute for Fiscal Studies (IFS)
Time of origin
- 2002