Spillovers internazionali di efficienza nel settore manifatturiero italiano - International efficiency spillovers into the Italian manufacturing sector
This paper examines the main theoretical and empirical interpretations regarding the effects of foreign direct investment on technical efficiency of local firms and, in particular, in which way technical efficiency spillovers relate to the size of the technology gap between domestically-owned firms and foreign firms. By taking into account the Italian manufacturing sector and using cross-sectional data, we find that productivity levels are higher in the domestic sectors where multinational firms account far larger shares and that efficiency spillovers are higher the lower the size of the technology gap between domestic and foreign firms.
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Volume (Year): 50 (1997)
Issue (Month): 4 ()
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