Original paper
Multinational Companies and Productivity Spillovers: Is There a Specification Error?
Abstract
Recent empirical works on the within-sector impact of inward investments on domestic firms' productivity have found rather robust evidence of no (or even negative) effects. This paper argues that a specification error might characterise those studies. In fact, measuring foreign presence as the share of foreign to total sectoral activity (e.g. foreign employment share) in a sector, existing literature implicitly assumes that changes in the same...
Paper Details
Title
Multinational Companies and Productivity Spillovers: Is There a Specification Error?
Published Date
Jan 1, 2002
Journal
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Notes
History