Griffith, R;
Simpson, H;
Redding, S;
(2002)
Productivity convergence and foreign ownership at the establishment level.
(IFS Working Papers
W02/22
).
The Institute for Fiscal Studies, UCL (University College London), The Institute for Fiscal Studies: London, UK.
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Abstract
This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at the establishment level. We find convergence to the frontier is statistically and quatatively important, suggesting the existence of technology spillovers. Foreign multinationals make up a significant proportion of establishments at the technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence that increased foreign presence within an industry raises the speed of convergence to the technological frontier. This paper investigates whether there is convergence in Total Factor Productivity towards the technological frontier at the establishment level. We find convergence to the frontier is statistically and quatatively important, suggesting the existence of technology spillovers. Foreign multinationals make up a significant proportion of establishments at the technological frontier, and therefore make a contribution to productivity growth through technology transfer. We also find evidence that increased foreign presence within an industry raises the speed of convergence to the technological frontier.
Type: | Report |
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Title: | Productivity convergence and foreign ownership at the establishment level |
Open access status: | An open access version is available from UCL Discovery |
Additional information: | Imported via OAI, 7:29:00 31st Mar 2007 |
UCL classification: | UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
URI: | https://discovery.ucl.ac.uk/id/eprint/2945 |
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