Do domestic firms benefit from the presence of multinational enterprises? The case of the Italian manufacturing sector

被引:0
|
作者
Reganati, Filippo [1 ]
Sica, Edgardo [2 ]
机构
[1] Univ Foggia, Fac Econ, Dept SEMS, Largo Papa Giovanni Paolo 2 1, I-71100 Foggia, Italy
[2] Univ Foggia, Fac Econ, Dept SEAGMG, I-71100 Foggia, Italy
关键词
foreign direct investment; multinational enterprises; productivity spillovers;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
Foreign direct investment (FDI) from Multinational Enterprises (MNEs) can generate positive externalities to host countries, increasing domestic firms' productivity. Recently, the attention of researchers has moved from the analysis of "horizontal" spillovers - i.e. those benefits to local enterprises at an intra-industrial level towards the investigation of "vertical" spillovers phenomenon - i.e. the diffusion of positive effects on domestic economies at an inter-industry level. Using a firm-level panel data, authors investigate the presence of both kinds of spillovers in the Italian manufacturing sector. The results show the total lack of "horizontal" spillovers and. at the same time, the presence of "vertical" ones.
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页码:64 / +
页数:3
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