Productivity spillovers from multinational corporations: vulnerability to deficient estimation

Detalhes bibliográficos
Autor(a) principal: Proença, Isabel
Data de Publicação: 2006
Outros Autores: Fontoura, Maria Paula, Crespo, Nuno
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/26152
Resumo: Evidence on productivity spillovers from FDI to domestic firms is ambiguous. Incorrect estimation procedures may be one of the sources for the contradictory results obtained in empirical studies on this subject. We observe that inadequacy of the estimation procedures leads to a severe underestimation of the spillover effect. An appropriated econometric methodology is discussed taking into consideration the possible simultaneity of FDI and other explanatory variables and endogeneity related to firm unobserved heterogeneity. Robust inference is also addressed. Our findings for the Portuguese case seem sufficient clear to warn about spillover results obtained with a non-judicious application of the classical panel data methods.
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spelling Productivity spillovers from multinational corporations: vulnerability to deficient estimationDomestic Firm ProductivityMultinational CorporationsTechnological SpilloversPanel DataExtended GMMEvidence on productivity spillovers from FDI to domestic firms is ambiguous. Incorrect estimation procedures may be one of the sources for the contradictory results obtained in empirical studies on this subject. We observe that inadequacy of the estimation procedures leads to a severe underestimation of the spillover effect. An appropriated econometric methodology is discussed taking into consideration the possible simultaneity of FDI and other explanatory variables and endogeneity related to firm unobserved heterogeneity. Robust inference is also addressed. Our findings for the Portuguese case seem sufficient clear to warn about spillover results obtained with a non-judicious application of the classical panel data methods.The Euro-American Association of Economic Development StudiesRepositório da Universidade de LisboaProença, IsabelFontoura, Maria PaulaCrespo, Nuno2022-11-22T14:51:33Z20062006-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/26152engProença, Isabel; Maria Paula Fontoura and Nuno Crespo.(2006). “Productivity spillovers from multinational corporations: vulnerability to deficient estimation”. Applied Econometrics and International Development, Vol. 6, No. 1: pp. 87-98info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:55:39Zoai:www.repository.utl.pt:10400.5/26152Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:52.117766Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Productivity spillovers from multinational corporations: vulnerability to deficient estimation
title Productivity spillovers from multinational corporations: vulnerability to deficient estimation
spellingShingle Productivity spillovers from multinational corporations: vulnerability to deficient estimation
Proença, Isabel
Domestic Firm Productivity
Multinational Corporations
Technological Spillovers
Panel Data
Extended GMM
title_short Productivity spillovers from multinational corporations: vulnerability to deficient estimation
title_full Productivity spillovers from multinational corporations: vulnerability to deficient estimation
title_fullStr Productivity spillovers from multinational corporations: vulnerability to deficient estimation
title_full_unstemmed Productivity spillovers from multinational corporations: vulnerability to deficient estimation
title_sort Productivity spillovers from multinational corporations: vulnerability to deficient estimation
author Proença, Isabel
author_facet Proença, Isabel
Fontoura, Maria Paula
Crespo, Nuno
author_role author
author2 Fontoura, Maria Paula
Crespo, Nuno
author2_role author
author
dc.contributor.none.fl_str_mv Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Proença, Isabel
Fontoura, Maria Paula
Crespo, Nuno
dc.subject.por.fl_str_mv Domestic Firm Productivity
Multinational Corporations
Technological Spillovers
Panel Data
Extended GMM
topic Domestic Firm Productivity
Multinational Corporations
Technological Spillovers
Panel Data
Extended GMM
description Evidence on productivity spillovers from FDI to domestic firms is ambiguous. Incorrect estimation procedures may be one of the sources for the contradictory results obtained in empirical studies on this subject. We observe that inadequacy of the estimation procedures leads to a severe underestimation of the spillover effect. An appropriated econometric methodology is discussed taking into consideration the possible simultaneity of FDI and other explanatory variables and endogeneity related to firm unobserved heterogeneity. Robust inference is also addressed. Our findings for the Portuguese case seem sufficient clear to warn about spillover results obtained with a non-judicious application of the classical panel data methods.
publishDate 2006
dc.date.none.fl_str_mv 2006
2006-01-01T00:00:00Z
2022-11-22T14:51:33Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/26152
url http://hdl.handle.net/10400.5/26152
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Proença, Isabel; Maria Paula Fontoura and Nuno Crespo.(2006). “Productivity spillovers from multinational corporations: vulnerability to deficient estimation”. Applied Econometrics and International Development, Vol. 6, No. 1: pp. 87-98
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv The Euro-American Association of Economic Development Studies
publisher.none.fl_str_mv The Euro-American Association of Economic Development Studies
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron:RCAAP
instname_str Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
instacron_str RCAAP
institution RCAAP
reponame_str Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
repository.mail.fl_str_mv
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