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Multinational enterprises, international trade, and productivity growth: firm-level evidence from the united states (2004).
| Content Provider | CiteSeerX |
|---|---|
| Author | Keller, Wolfgang Yeaple, Stephen R. Mairesse, Jacques Rysman, Marc Shiue, Carol |
| Abstract | We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to significant productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14 % of productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it is weaker than for FDI. The paper also gives a detailed account of why our study leads to results different from those found in previous work. This analysis indicates that our results are likely to generalize to other countries and periods. |
| File Format | |
| Publisher Date | 2004-01-01 |
| Access Restriction | Open |
| Subject Keyword | Productivity Growth Multinational Enterprise United State Firm-level Evidence International Trade Imports-related Spillover International Technology Spillover U.s. Firm Fdi Spillover U.s. Manufacturing Firm Previous Work Foreign Direct Investment Detailed Account Domestic Firm Significant Productivity Gain |
| Content Type | Text |
