Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment?

Although some economists remain skeptical of the existence of positive externalities associated with foreign direct investment (FDI), many countries spend large sums attracting foreign investors in the hope of benefiting from knowledge spillovers. Data collected through enterprise surveys conducted...

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Bibliographic Details
Main Author: Javorcik, Beata S.
Format: Journal Article
Published: World Bank 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4418
id okr-10986-4418
recordtype oai_dc
spelling okr-10986-44182021-04-23T14:02:17Z Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment? Javorcik, Beata S. business environment company competitors employment expansion financial institutions firms foreign direct investment foreign markets leasing local entrepreneurs manufacturers multinational multinational companies multinationals parent company party supplier suppliers upstream producers Although some economists remain skeptical of the existence of positive externalities associated with foreign direct investment (FDI), many countries spend large sums attracting foreign investors in the hope of benefiting from knowledge spillovers. Data collected through enterprise surveys conducted in the Czech Republic and Latvia suggest that the entry of multinationals affects domestic enterprises in the same industry or in upstream or downstream sectors through multiple channels. Some of these channels represent true knowledge spillovers while others have positive or negative effects on domestic producers in other ways. The relative magnitudes of these channels depend on host country conditions and the type of FDI inflows, which explains the seemingly inconsistent findings of the literature. The focus of the debate should shift from attempting to generalize about whether or not FDI leads to productivity spillovers to determining under what conditions it can do so. 2012-03-30T07:12:34Z 2012-03-30T07:12:34Z 2008-09-01 Journal Article World Bank Research Observer 1564-6971 http://hdl.handle.net/10986/4418 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank Journal Article Europe and Central Asia Czech Republic Latvia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic business environment
company
competitors
employment
expansion
financial institutions
firms
foreign direct investment
foreign markets
leasing
local entrepreneurs
manufacturers
multinational
multinational companies
multinationals
parent company
party
supplier
suppliers
upstream producers
spellingShingle business environment
company
competitors
employment
expansion
financial institutions
firms
foreign direct investment
foreign markets
leasing
local entrepreneurs
manufacturers
multinational
multinational companies
multinationals
parent company
party
supplier
suppliers
upstream producers
Javorcik, Beata S.
Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment?
geographic_facet Europe and Central Asia
Czech Republic
Latvia
description Although some economists remain skeptical of the existence of positive externalities associated with foreign direct investment (FDI), many countries spend large sums attracting foreign investors in the hope of benefiting from knowledge spillovers. Data collected through enterprise surveys conducted in the Czech Republic and Latvia suggest that the entry of multinationals affects domestic enterprises in the same industry or in upstream or downstream sectors through multiple channels. Some of these channels represent true knowledge spillovers while others have positive or negative effects on domestic producers in other ways. The relative magnitudes of these channels depend on host country conditions and the type of FDI inflows, which explains the seemingly inconsistent findings of the literature. The focus of the debate should shift from attempting to generalize about whether or not FDI leads to productivity spillovers to determining under what conditions it can do so.
format Journal Article
author Javorcik, Beata S.
author_facet Javorcik, Beata S.
author_sort Javorcik, Beata S.
title Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment?
title_short Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment?
title_full Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment?
title_fullStr Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment?
title_full_unstemmed Can Survey Evidence Shed Light on Spillovers from Foreign Direct Investment?
title_sort can survey evidence shed light on spillovers from foreign direct investment?
publisher World Bank
publishDate 2012
url http://hdl.handle.net/10986/4418
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