Productivity convergence and foreign ownership at the establishment level
By: Rachel Griffith, Stephen Redding, Helen Simpson.
Contributors: Redding, Stephen.; Simpson, Helen, 1974-; London School of Economics and Political Science. Centre for Economic Performance.
Series: Discussion paper ;; no. 573; Discussion paper (London School of Economics and Political Science. Centre for Economic Performance : Online) ;; no. 573.
Publisher: Centre for Economic Performance, London School of Economics and Political Science
Published: 2003
Place of publication: [London]
Language: eng
Format: Electronic resource
Subjects: Industrial productivity.; Investments, Foreign.; Technology transfer.; Convergence (Economics)
Description: "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 quantitatively 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"--London School of Economics web site.
Notes: Includes bibliographical references.
Title from summary page as viewed on 1/7/2005.
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Mode of access: World Wide Web.