%0 Report
        %A Görg, Holger
%A Greenaway, David
        %T Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?
        %D 2003
        %8 2003 Nov
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 944
        %U https://www.iza.org/publications/dp944
        %X Governments the world over offer significant inducements to attract inward investment,
motivated by the expectation of spillover benefits to augment the primary benefits of a boost
to national income from new investment. This paper begins by reviewing possible sources of
FDI induced spillovers. It then provides a comprehensive evaluation of the empirical evidence
on productivity, wages and exports spillovers in developing, developed and transitional
economies. Although theory can identify a range of possible spillover channels, robust
empirical support for positive spillovers is, at best, mixed. The reasons for this are explored
and the paper concludes with a review of policy aspects.
        %K foreign direct investment
%K multinationals
%K spillovers
%K productivity
%K wages
%K exports