Foreign Direct Investment, Information Spillover, and Export Decision : The Concentric-Circle Model with Application to Hungarian Firm-Level Data
In this paper, we empirically examine the impact of foreign direct investment (FDI) on the export decision of domestic firms using large-scale panel data from Hungary. In comparison with the conventional model that expresses the export propensity of multinational enterprises (MNEs) with a single variable, the concentric-circle model, considering the nested structure of industrial classification, more precisely specifies the source, extent, and direction of information spillovers from MNEs to indigenous firms. We also confirmed the close relationship between the information spillover effect and the heterogeneity of FDI and domestic firms.
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| Date of creation: | Mar 2010 |
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| Handle: | RePEc:hit:hituec:a527 |
| Contact details of provider: | Postal: 2-1 Naka, Kunitachi City, Tokyo 186 Phone: +81-42-580-8327 Fax: +81-42-580-8333 Web page: http://www.ier.hit-u.ac.jp/ Email: More information through EDIRC
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