TY  - RPRT
        AU  - Görg, Holger
AU  - Greenaway, David
        TI  - Much Ado About Nothing? Do Domestic Firms Really Benefit from Foreign Direct Investment?
        PY  - 2003/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 944
        UR  - https://www.iza.org/publications/dp944
        AB  - 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.
        KW  - foreign direct investment
KW  - multinationals
KW  - spillovers
KW  - productivity
KW  - wages
KW  - exports
        ER  -