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The Effects of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies

Jozef Konings

No 2586, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper uses firm level panel data to investigate empirically the effects of direct foreign investment (DFI) on the productivity performance of domestic firms in three emerging economies of Central and Eastern Europe, Bulgaria, Romania and Poland. To this end a unique firm level panel data set is used with detailed information on foreign ownership at the firm level. Two main questions are addressed in the present paper: (1) Do foreign firms perform better than their domestic counterparts? (2) Do foreign firms generate spillovers to domestic firms?

Keywords: Spillovers; Panel data; Foreign investment; Emerging countries (search for similar items in EconPapers)
JEL-codes: D24 F14 O52 P31 (search for similar items in EconPapers)
Date: 2000-10
References: Add references at CitEc
Citations: View citations in EconPapers (51)

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Working Paper: The Effect of Direct Foreign Investment on Domestic Firms: Evidence from Firm Level Panel Data in Emerging Economies (2009) Downloads
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