Import and FDI as channels of international TFP spillovers

Main Article Content

Jacek Pietrucha
Rafał Żelazny
Magdalena Kozłowska
Oliwia Sojka

Abstract

Research background: In existing studies two main channels of international technology spillovers are extensively discussed — trade and FDI. Nevertheless empirical studies give mixed results regards the nature and extent of trade and FDI spillovers.


Purpose of the article: The aim of the article is to study import and foreign direct investments (FDI) as channels of international TFP spillovers.


Methods: We employ dynamic spatial autoregression (SAR) methods. Our panel comprises data for 41 developed and upper mid-developed countries over the period 1995–2014.


Findings & Value added: Our preliminary results show that (1) the trade and investment channels are both important for technology transfer, (2) the degree of their significance depends on the absorptive capacity such as good quality of the institutions.

Article Details

How to Cite
Pietrucha, J., Żelazny, R., Kozłowska, M., & Sojka, O. (2018). Import and FDI as channels of international TFP spillovers. Equilibrium. Quarterly Journal of Economics and Economic Policy, 13(1), 55-72. https://doi.org/10.24136/eq.2018.003
Section
Articles

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