Description |
1 online resource (39 pages) |
Series |
IMF working paper ; WP/03/248 |
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IMF working paper ; WP/03/248.
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Contents |
I. INTRODUCTION; II. TECHNOLOGY SPILLOVERS THROUGH TRADE AND FOREIGN DIRECT INVESTMENT (FDI); III. MODEL AND ESTIMATION FRAMEWORK; IV. DATA; V. EMPIRICAL ANALYSIS; VI. WHAT EXPLAINS THE RELATIVELY STRONG FDI SPILLOVERS ESTIMATED IN THIS PAPER?; VII. SUMMARY AND DISCUSSION |
Summary |
Annotation We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity gains for domestic firms. the size of FDI spillovers is economically important, accounting for about 11 percent of productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it is weaker than for FDI spillovers. 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 also likely to apply to other countries and periods |
Bibliography |
Includes bibliographical references (pages 37-39) |
Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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English |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
Subject |
International business enterprises -- United States
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International trade.
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Industrial productivity -- United States
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Industrial productivity
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International business enterprises
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International trade
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United States
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Form |
Electronic book
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Author |
Yeaple, Stephen R. (Stephen Ross), author.
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International Monetary Fund. Research Department.
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ISBN |
1451920490 |
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9781451920499 |
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9781451875898 |
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1451875894 |
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1462341586 |
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9781462341580 |
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1452723796 |
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9781452723792 |
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1282844768 |
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9781282844766 |
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9786612844768 |
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6612844760 |
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