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
Englisch

Bibliographic citation
Series: IFS Working Papers ; No. 02/22

Classification
Wirtschaft
Multinational Firms; International Business
Technological Change: Choices and Consequences; Diffusion Processes
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Subject
Foreign Direct Investment (FDI)
knowledge spillovers
competition
Produktivität
Entwicklungskonvergenz
Direktinvestition
Spillover-Effekt
Verarbeitendes Gewerbe
Großbritannien

Event
Geistige Schöpfung
(who)
Griffith, Rachel
Redding, Stephen
Simpson, Helen
Event
Veröffentlichung
(who)
Institute for Fiscal Studies (IFS)
(where)
London
(when)
2002

DOI
doi:10.1920/wp.ifs.2002.0222
Handle
Last update
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

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