Horizontal And Vertical Spillovers From Fdi In The Italian Productive System
Foreign direct investment (FDI) from Multinational Enterprises (MNEs) can generate positive externalities to host countries, increasing domestic firms' productivity. Recently, the attention of researchers has moved from the analysis of ''horizontal'' spillovers – i.e. those benefits to local enterprises at an intra-industrial level - towards the investigation of ''vertical'' spillovers phenomenon – i.e. the diffusion of positive effects on domestic economies at an inter-industry level, as in the case of technology transfers to domestic suppliers or customers in the production chain. Using a firm-level panel data, this paper analyses spillovers from FDI in the Italian productive system both within and across industries. Our results suggest no evidence of ''horizontal'' spillover and the existence of ''vertical'' spillover whose impact on local firms seems to be very limited.
|Date of creation:||Apr 2008|
|Contact details of provider:|| Postal: Largo Papa Giovanni Paolo II, 1 -71100- Foggia (I)|
Web page: http://www.dsems.unifg.it
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ufg:qdsems:08-2008. 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: (Luca Grilli)
If references are entirely missing, you can add them using this form.