Multinational Enterprises, International Trade, and Productivity Growth : Firm-Level Evidence From the United States »
Series: IMF Working Papers
Author(s): Stephen Yeaple , and Wolfgang Keller
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2003
Keywords: technology spillovers, fdi, spillovers, direct investment,
We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to...