Machine imports, technology adoption, and local spillovers
نویسندگان
چکیده
منابع مشابه
Technology Spillovers of FDI in ASEAN Sourcing from Local and Abroad
The effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from FDI, and plays an important role in economic development of host countries. Based on the analysis framework for technology spillovers established by Borensztein et al. (1998), this paper will analyse and try to figure out the development patterns of ASEAN by utilizing ...
متن کاملtechnology spillovers of fdi in asean sourcing from local and abroad
â â â â â â â â â â â â â â â â abstract â the effect of technology spillovers is widely considered as one of the main channels through which domestic firms benefit from fdi, and plays an important role in economic development of host countries. based on the analysis framework for technology spillovers established by borensztein et al. (1998), this paper will analyse and try to figure out th...
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This study distinguishes multinational firm (MNE) technology-spillover from learning effects. Whenever learning takes time, the model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers and add it to experienced ones to prevent them from moving to local competitors. Hence, the national wage bill is unaffected by the presence of MNEs. In cont...
متن کاملLocal spillovers and durable adoption: Evidence from durable consumptions in rural China
Purpose – The effects of social learning and network externalities in the diffusion of a new product imply that there should be local spillovers from existing owners to new adopters in a closely-related community. Using the 1999 durable consumption survey data in rural China, this paper examines the importance of local spillovers in the diffusion of two major durable goods, washing machine and ...
متن کاملTechnology Spillovers and Corporate Cash Holdings
This study examines the effect of technology spillovers on firms’ cash holdings. It finds that firms facing greater technology spillovers hold higher cash balances. This effect is more pronounced among financially constrained firms and for firms that are likely to benefit more from diffused technology, e.g., those have newer patents, are more profitable, face better growth opportunities and are...
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ژورنال
عنوان ژورنال: Review of World Economics
سال: 2019
ISSN: 1610-2878,1610-2886
DOI: 10.1007/s10290-019-00365-y