publication . Other literature type . Article . Preprint . Part of book or chapter of book . 1998

Multinational Corporations and Spillovers

Blomström, Magnus; Kokko, Ari; Zejan, Mario;
  • Published: 01 Jul 1998
  • Publisher: Wiley
This paper examines spillover effects of the activities of multinational firms (MNCs). Such effects are most likely to be found in host countries, where the operations of foreign multinationals may influence local firms in the MNC’s own industry as well as firms in other industries. There is no comprehensive evidence on the exact nature or magnitude of these effects, however, although it is suggested that host country spillovers vary systematically between countries and industries. In particular, the positive effects of foreign investment are likely to increase with the level of local capability and competition. The spillovers to the home countries of MNCs are o...
free text keywords: Foreign Investment; Multinational Corporations; Spillovers; Technology Transfer, Economics, Multinational corporation, Foreign direct investment, Division of labour, Technology transfer, International economics, Labour economics, Spillover effect, Econometrics, jel:F23
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