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FDI, licensing, e crescimento da produtividade total de fatores

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  • Bonzanini, Ana Flavia
  • Souza, Eduardo Correia de
  • Melo, Leonardo

Abstract

We analyze the impacts of two international technology transfer channels, foreign direct investment (FDI) and licensing, on total factor productivity (TFP) growth in a sample of 88 countries for the period 1980-2006. Comparing with Pessoa (2008), we bring here three original contributions: we include in the econometric model specification a variable which captures the composition of foreign capital flows; our sample comprises poor and developing countries too, not only OECD’s; we offer a treatment for the typical endogeneity problem found in growth regressions which have as explanatory variables measures like countries’ “financial openness”.

Suggested Citation

  • Bonzanini, Ana Flavia & Souza, Eduardo Correia de & Melo, Leonardo, 2013. "FDI, licensing, e crescimento da produtividade total de fatores," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 67(1), April.
    • Handle: RePEc:fgv:epgrbe:v:67:y:2013:i:1:a:3867
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    References listed on IDEAS

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