Advanced Search
MyIDEAS: Login

Inward Investment and Technical Progress in the UK Manufacturing Sector

Contents:

Author Info

  • Florence Hubert
  • Nigel Pain

Abstract

This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence labour productivity in the UK manufacturing sector. Using an industry-level panel data set we find that foreign-owned firms have a significant positive effect on the level of technical efficiency in domestic firms. There is evidence of significant intra-industry and inter-industry spillovers from inward investment. These findings remain robust even when other factors such as imports and domestic R&D expenditures are allowed for. Inward investment appears to be a much more important source of technical progress than foreign trade ... Ce document étudie l’impact de l’investissement direct par des sociétés sous contrôle étranger sur le progrès technique et, par conséquent, la productivité du travail dans le secteur de l’industrie manufacturière du Royaume-Uni. En utilisant un ensemble de données sectorielles en panel, nous trouvons que les sociétés sous contrôle étranger ont un impact positif significatif sur le niveau d’efficacité technique dans les firmes nationales. Il y a des signes de retombées intraindustrielles et interindustrielles significatives consécutives aux investissements entrants. Ces résultats demeurent robustes même en tenant compte d’autres facteurs tels que les importations et les dépenses R-D nationales. Les investissements entrants semblent être une source plus importante de progrès technique que le commerce extérieur ...

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://dx.doi.org/10.1787/171541878788
Download Restriction: no

Bibliographic Info

Paper provided by OECD Publishing in its series OECD Economics Department Working Papers with number 268.

as in new window
Length:
Date of creation: 12 Oct 2000
Date of revision:
Handle: RePEc:oec:ecoaaa:268-en

Contact details of provider:
Postal: 2 rue Andre Pascal, 75775 Paris Cedex 16
Phone: 33-(0)-1-45 24 82 00
Fax: 33-(0)-1-45 24 85 00
Email:
Web page: http://www.oecd.org
More information through EDIRC

Related research

Keywords: inward investment; technical progress; productivity; multinationals; multinational; investissement étranger entrant; progrès technique; productivité;

Find related papers by JEL classification:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Carlo Cottarelli & Julio Escolano, 2004. "Assessing the Assessment," IMF Working Papers 04/116, International Monetary Fund.
  2. Lucia Piscitello & Larissa Rabbiosi, 2005. "The impact of inward FDI on local companies' labour productivity: evidence from the Italian case," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 12(1), pages 35-51.
  3. Ray Barrell & Dirk Willem te Velde, 2000. "Catching-up of East German Labour Productivity in the 1990s," German Economic Review, Verein für Socialpolitik, vol. 1(3), pages 271-297, 08.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:oec:ecoaaa:268-en. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.