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Foreign Direct Investment Spillovers and the Absorptive Capabilities of Domestic Firms in the Argentine Manufacturing Sector (1992-2001)

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  • Daniel Chudnovsky
  • Andres Lopez
  • Gaston Rossi

Abstract

Argentina received significant amounts of foreign direct investment inflows during the 1990s. This paper analyses whether positive (or negative) productivity spillovers arose from the increasing presence of transnational corporations (TNCs) affiliates in Argentina. We found that TNCs affiliates had higher productivity levels than domestic firms and that the latter, on average, received neither positive nor negative horizontal spillovers from the growing presence of foreign firms in the local economy. However, evidence of positive spillovers from TNC presence on domestic firms was found for those firms with high absorptive capabilities.

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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Journal of Development Studies.

Volume (Year): 44 (2008)
Issue (Month): 5 ()
Pages: 645-677

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Handle: RePEc:taf:jdevst:v:44:y:2008:i:5:p:645-677

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Citations

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Cited by:
  1. Daniel Chudnovsky & Andres Lopez & Gaston Rossi, 2004. "Foreign Direct Investment Spillovers and the Absorption Capabilities of Domestic Firms in the Argentine Manufacturing Sector (1992-2001)," Working Papers 74, Universidad de San Andres, Departamento de Economia, revised Jul 2004.
  2. repec:hal:wpaper:halshs-00586040 is not listed on IDEAS
  3. Ciravegna, Luciano, 2011. "Technological learning in the Silicon Valleys of Latin America," MPRA Paper 36832, University Library of Munich, Germany.
  4. Elisa Giuliani & Chiara Macchi, 2013. "Multinational Corporations’ Economic And Human Rights Impacts On Developing Countries: A Review And Research Agenda," Discussion Papers 2013/158, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
  5. Kolasa, Marcin, 2007. "How does FDI inflow affect productivity of domestic firms? The role of horizontal and vertical spillovers, absorptive capacity and competition," MPRA Paper 8673, University Library of Munich, Germany.
  6. Juliette Milgram-Baleix, 2009. "Do Spanish firms learn from firms located nearby?," Economic Working Papers at Centro de Estudios Andaluces E2009/09, Centro de Estudios Andaluces.
  7. Elisa Giuliani, 2010. "Multinational Corporations, Technology Spillovers and Human Rights's Impacts on Developing Countries," LEM Papers Series 2010/06, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  8. Wang, Jue & Liu, Xiaming & Li, Xiaoying, 2009. "A dual-role typology of multinational subsidiaries," International Business Review, Elsevier, vol. 18(6), pages 578-591, December.
  9. Alessia LO TURCO, 2005. "The EU-Mercosur Association Process. An Analysis of Bilateral Trade," Working Papers 224, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  10. Claudia de Fuentes & Gabriela Dutrénit, 2013. "SMEs’ Absorptive Capacities and Large Firms’ Knowledge Spillovers: Micro Evidence from the Machining Industry in Mexico," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 5(1), pages 1-30, April.
  11. Alessia LO TURCO, 2005. "Integration Agreements, FDI and Structural Reforms. An Analysis of the Determinants of European Investment in Latin America," Working Papers 229, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.

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