Multinational Enterprises, International Trade, and Productivity Growth: Firm-Level Evidence From the United States
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 econo...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2003
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Schriftenreihe: | IMF Working Papers
Working Paper No. 03/248 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | 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 |
Beschreibung: | 1 Online-Ressource (40 p) |
ISBN: | 1451875894 9781451875898 |
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spelling | Yeaple, Stephen R. Verfasser aut Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States Yeaple, Stephen R Washington, D.C International Monetary Fund 2003 1 Online-Ressource (40 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 03/248 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 Online-Ausg Keller, Wolfgang Sonstige oth http://elibrary.imf.org/view/IMF001/04796-9781451875898/04796-9781451875898/04796-9781451875898.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Yeaple, Stephen R. Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States |
title | Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States |
title_auth | Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States |
title_exact_search | Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States |
title_exact_search_txtP | Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States |
title_full | Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States Yeaple, Stephen R |
title_fullStr | Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States Yeaple, Stephen R |
title_full_unstemmed | Multinational Enterprises, International Trade, and Productivity Growth Firm-Level Evidence From the United States Yeaple, Stephen R |
title_short | Multinational Enterprises, International Trade, and Productivity Growth |
title_sort | multinational enterprises international trade and productivity growth firm level evidence from the united states |
title_sub | Firm-Level Evidence From the United States |
url | http://elibrary.imf.org/view/IMF001/04796-9781451875898/04796-9781451875898/04796-9781451875898.xml |
work_keys_str_mv | AT yeaplestephenr multinationalenterprisesinternationaltradeandproductivitygrowthfirmlevelevidencefromtheunitedstates AT kellerwolfgang multinationalenterprisesinternationaltradeandproductivitygrowthfirmlevelevidencefromtheunitedstates |