期刊名称:Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN:0804-6824
出版年度:2006
卷号:2006
出版社:Bergen
摘要:Foreign direct investment is often considered an important source
of knowledge spillovers. However, results from the empirical literature
relating overall foreign presence to host country productivity are
ambiguous. We argue that this may be because different modes of
entry may have different effects on productivity. Using 24 years of
comprehensive panel data for Norwegian Manufacturing, we find that
greenfield entry has a negative impact on the productivity growth of
domestic plants, while entry via acquisition affects local productivity
positively. The net effect is a small positive effect of an overall change
in foreign presence on local productivity growth.
关键词:mode of foreign entry, productivity growth, competition,
spillover effects