Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms

We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in a unifying framework, taking interactions between...

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Main Authors: Girma, Sourafel, Yundan, Gong, Holger, Görg, Sandra, Lancheros
Format: Article
Published: Elsevier 2014
Subjects:
Online Access:https://eprints.nottingham.ac.uk/29792/
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author Girma, Sourafel
Yundan, Gong
Holger, Görg
Sandra, Lancheros
author_facet Girma, Sourafel
Yundan, Gong
Holger, Görg
Sandra, Lancheros
author_sort Girma, Sourafel
building Nottingham Research Data Repository
collection Online Access
description We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in a unifying framework, taking interactions between firms into account. To do so, we relax a fundamental assumption made in empirical studies examining a direct causal effect of foreign ownership on firm productivity, namely that of no interactions between firms. Based on our approach, we are able to combine direct and indirect effects of foreign ownership and calculate the total effect of foreign firms on local productivity. Our results show that all these effects vary with the level of foreign presence within a cluster, an important finding for the academic literature and policy debate on the benefits of attracting foreign owned firms.
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spelling nottingham-297922020-05-04T16:57:22Z https://eprints.nottingham.ac.uk/29792/ Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms Girma, Sourafel Yundan, Gong Holger, Görg Sandra, Lancheros We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in a unifying framework, taking interactions between firms into account. To do so, we relax a fundamental assumption made in empirical studies examining a direct causal effect of foreign ownership on firm productivity, namely that of no interactions between firms. Based on our approach, we are able to combine direct and indirect effects of foreign ownership and calculate the total effect of foreign firms on local productivity. Our results show that all these effects vary with the level of foreign presence within a cluster, an important finding for the academic literature and policy debate on the benefits of attracting foreign owned firms. Elsevier 2014-11-17 Article PeerReviewed Girma, Sourafel, Yundan, Gong, Holger, Görg and Sandra, Lancheros (2014) Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms. Journal of International Economics, 95 (1). pp. 157-169. ISSN 0022-1996 multinationals foreign ownership productivity spillovers http://www.sciencedirect.com/science/article/pii/S0022199614001391 doi:10.1016/j.jinteco.2014.11.007 doi:10.1016/j.jinteco.2014.11.007
spellingShingle multinationals
foreign ownership
productivity
spillovers
Girma, Sourafel
Yundan, Gong
Holger, Görg
Sandra, Lancheros
Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms
title Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms
title_full Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms
title_fullStr Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms
title_full_unstemmed Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms
title_short Estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms
title_sort estimating direct and indirect effects of foreign direct investment on firm productivity in the presence of interactions between firms
topic multinationals
foreign ownership
productivity
spillovers
url https://eprints.nottingham.ac.uk/29792/
https://eprints.nottingham.ac.uk/29792/
https://eprints.nottingham.ac.uk/29792/