How Does FDI Affect Productivity at Home?: Evidence from a Plant-Level Analysis

被引：1
|
作者：
Hayakawa K. [1 ]
Matsuura T. [2 ]
Motohashi K. [3 ]
机构：
[1] Institute of Developing Economies, Chiba
[2] Keio Economic Observatory, Keio University, 2-15-45 Mita, Minato-ku, Tokyo
[3] Department of Technology Management for Innovation, School of Engineering, The University of Tokyo, Tokyo
来源：
Journal of Industry, Competition and Trade | 2016年 / 16卷 / 4期
基金：
日本学术振兴会;
关键词：
FDI; Japan; Productivity; System GMM;
D O I：
10.1007/s10842-016-0220-5
中图分类号：
学科分类号：
摘要：
This study investigates the effect of foreign direct investments (FDI) on home productivity using plant-level data rather than firm-level data. Our results are consistent with the theoretical predictions. Horizontal FDI (HFDI) does not have a significantly positive effect on home productivity in plants that have the same activities abroad. In contrast, vertical FDI (VFDI) significantly enhances productivity in plants with an input–output relationship with activities relocated abroad. Furthermore, focusing on FDI in East Asia, the productivity improvements at home through VFDI are even greater, which might be caused by significant differences in factor prices between Japan and host countries. © 2016, Springer Science+Business Media New York.
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页码：403 / 422
页数：19
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