지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2013.8
- 수록면
- 259 - 280 (22page)
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초록· 키워드
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We investigate spillovers from inward foreign direct investment (FDI) on domestic firms’ export activity. Using firm-level data of South Korea’s manufacturing industries for the recent period of 2006-2009, this paper examines whether absorptive capacity of domestic firms matters for capturing the spillovers from FDI. In particular, horizontal (intraindustry) and vertical (inter-industry) spillovers from FDI are examined by using Heckman’s two-step estimation strategy to control for selection bias. This approach allows us to examine the impact of spillovers from horizontal and vertical linkages on the export intensity and the export market participation of domestic firms. We find that absorptive capacity seems to play an important role in capturing the positive spillovers from FDI; however, this result becomes less significant and inconsistent when the econometric concern of a potential endogeneity problem is considered in the regression. Therefore, this paper provides no clear empirical evidence of positive export spillovers from foreign presence and the role of absorptive capacity to capture the benefits from foreign multinationals.
목차
1. INTRODUCTION
2. DATA AND ESTIMATION STRATEGY
3. ESTIMATION RESULTS
4. CONCLUSION
REFERENCES
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UCI(KEPA) : I410-ECN-0101-2014-300-002821409