Are there demonstration-related spillovers from FDI? Evidence from Switzerland

被引:41
作者
Ben Hamida, Lamia [1 ]
Gugler, Philippe [2 ]
机构
[1] Politecn Milan, Dipartimento Ingn Gestionale, I-20133 Milan, Italy
[2] Univ Fribourg, Chair Econ & Social Policy, CH-1700 Fribourg, Switzerland
关键词
Absorptive capacity; Demonstration effects; FDI; Spillovers; FOREIGN DIRECT-INVESTMENT; PRODUCTIVITY SPILLOVERS; TECHNOLOGY SPILLOVERS; KNOWLEDGE SPILLOVERS; MULTINATIONAL FIRMS; DOMESTIC FIRMS; INDUSTRY; OWNERSHIP; GROWTH; IMPACT;
D O I
10.1016/j.ibusrev.2009.06.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper examines whether there are signs of demonstration-related spillovers from foreign direct investment (FDI). It hypothesizes that the size and the extent of such benefits vary according to the level of the absorptive capacity of local firms. Using detailed firm data from Swiss manufacturing and services/construction, we find strong evidence for demonstration-related spillovers when (a) local firms are not far behind the technological frontier of the industry with a technological gap slightly greater than one, and (b) local firms demonstrate high investment in the absorptive capacity. The results are found to be more consistent in manufacturing than services/construction. (C) 2009 Elsevier Ltd. All rights reserved.
引用
收藏
页码:494 / 508
页数:15
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