Is FDI the most important source of international technology transfer? Panel Data evidence from the UK
This study examines the different sources of international technology transfer to 205 UK industries in a panel running from 1979-1991. FDI is found to be more important than trade in the transfer of knowledge to UK industries. The estimated elasticities have a range; in the static model that looks at the long run relationship between FDI and value added the estimated elasticity is 0.24.
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- Driffield, Nigel, 2001. "The Impact of Domestic Productivity of Inward Investment in the UK," Manchester School, University of Manchester, vol. 69(1), pages 103-119, January.