Much Ado about Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?

Gö ; rg, Holger ; Greenaway, David

World Bank

关键词: ACCESS TO INFORMATION;    ACCOUNTING;    BEST PRACTICE;    CAPABILITY;    CAPITAL FORMATION;   

DOI  :  10.1093/wbro/lkh019
RP-ID  :  76485

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Governments the world over offersignificant inducements to attract investment, motivated bythe expectation of spillover benefits to augment the primarybenefits of a boost to national income from new investment.There are several possible sources of induced spilloversfrom foreign direct investment. This article evaluates theempirical evidence on productivity, wage, and exportspillovers in developing, developed, and transitioneconomies. Although theory can identify a range of possiblespillover channels, robust empirical support for positivespillovers is at best mixed. The article explores thereasons and concludes with a review of policy aspects.