タイトル(掲載誌)Discussion Papers In Economics And Business
一般注記Developing countries are eager to host foreign direct investment to receive positive technology spillovers to their local firms. However, what types of foreign firms are desirable for the host country to achieve spillovers best? We address this question using firm-level panel data from Vietnam to investigate whether foreign Asian investors in downstream sectors with different productivity affects the productivity of local Viet-namese firms in upstream sectors differently. Using endogenous structural breaks, we divide Asian investors into low-,middle-,and high-productivity groups. The results suggest that the presence of the middle group has the strongest positive spillover ef-fect. The differential spillover effects can be explained by a simple model with vertical linkages and productivity-enhancing investment by local suppliers. The theoretical mechanism is also empirically confirmed.
連携機関・データベース国立情報学研究所 : 学術機関リポジトリデータベース(IRDB)(機関リポジトリ)