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标题:Efficiency externalities of trade and alternative forms of foreign investment in OECD countries
时间:2020-02-15 03:36:57
DOI:10.1002/jae.1024
作者:Krishna G. Iyer; Alicia N. Rambaldi; Kam Ki Tang
关键词:TOTAL FACTOR PRODUCTIVITY;R-AND-D;TECHNOLOGICAL CAPABILITIES;TECHNICAL EFFICIENCY;ABSORPTIVE-CAPACITY;GROWTH;INDUSTRIES;SPILLOVERS;INNOVATION;OUTPUT
出版源: 《Journal of Applied Econometrics》 ,23 (6) :749-766
摘要:Abstract The literature on the spillover effects of trade and inflows of foreign direct investment (FDI) has concentrated on technological externalities. Little effort has been directed towards identifying their efficiency externalities. This paper measures the efficiency externalities of trade and various forms of foreign investment for a sample of 20 OECD countries between 1982 and 2000 using a stochastic frontier approach. Trade and all foreign investment inflows are found to enhance efficiency, whereas outflows of FDI are found to exacerbate inefficiency. The efficiency externalities from foreign investment are contingent on the absorptive capacity of the host economies. Copyright © 2008 John Wiley & Sons, Ltd.
大小:258 kb
页数:19 PAGES
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