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- W2495244847 abstract "This chapter presents several theoretical perspectives on the relationship between foreign direct investment (FDI) flows and productivity growth, interpreted as growth in total factor productivity (TFP), the joint productivity of a given bundle of inputs (e.g. capital and labour). Two ways in which a firm’s TFP can increase can be distinguished.1 A firm might receive superior technical knowledge from other firms (`spillovers’), or it might develop better techniques internally, via investment in research and development (R&D). The models outlined in this chapter can be viewed as formalisations of the linkage between FDI flows and these two mechanisms." @default.
- W2495244847 created "2016-08-23" @default.
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- W2495244847 date "2005-01-01" @default.
- W2495244847 modified "2023-10-06" @default.
- W2495244847 title "Foreign Direct Investment and Productivity Growth: Theory" @default.
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- W2495244847 doi "https://doi.org/10.1057/9780230523227_4" @default.
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