期刊
JOURNAL OF DEVELOPMENT ECONOMICS
卷 97, 期 2, 页码 305-321出版社
ELSEVIER
DOI: 10.1016/j.jdeveco.2011.02.004
关键词
Total factor productivity; Service liberalization; Foreign direct investment; Chile; Firm heterogeneity
类别
This paper examines the impact of substantial foreign direct investment (FDI) inflows in producer service sectors on the total factor productivity (TFP) of Chilean manufacturing firms. Positive effects are obtained in firm fixed effects instrumental variables regressions and show that forward linkages from FDI in services explain 7% of the observed increase in Chile's manufacturing users' TFP. Our findings also suggest that service FDI fosters innovation activities in manufacturing. Moreover, we show that service FDI offers opportunities for laggard firms to catch up with industry leaders. (C) 2011 Elsevier B.V. All rights reserved.
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