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Inward investment, transaction linkages and productivity spillovers

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Author Info
Nigel Driffield
Max Munday ()
Annette Roberts
Abstract

The article examines the extent to which foreign manufacturing firms in the UK promote productivity growth in the domestically owned manufacturing sector through their buying and supplying relationships. Evidence for intra- and inter-regional externalities from the presence of foreign manufacturing, and intra- and inter-industry effects is brought to light. Externalities in the domestic sector are most noticeable where foreign manufacturing sells to domestic manufacturing. These externalities are, however, not wholly robust to different specifications of spatial dependence. The findings are positioned in a debate, which has tended to view backward (as opposed to forward) linkages from multinationals to domestically owned supply bases as a critical driver of indirect economic benefits. Copyright Springer-Verlag Berlin/Heidelberg 2004

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File URL: http://hdl.handle.net/10.1007/s10110-004-0224-0
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Publisher Info
Article provided by Springer in its journal Papers in Regional Science.

Volume (Year): 83 (2004)
Issue (Month): 4 (October)
Pages: 699-722
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Handle: RePEc:spr:ecogov:v:83:y:2004:i:4:p:699-722

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Related research
Keywords: Productivity spillovers foreign manufacturing input-output tables spatial dependence

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