Multinational corporations, foreign investment, and royalties and license fees: effects on host-country total factor productivity

In this paper we examine the relationship between inward FDI and total factor productivity (TFP) in a framework motivated by the OLI paradigm. A panel data approach is used to study the effects of FDI and payments of royalties and license fees (R&L) on aggregate TFP in a sample of 16 OECD countr...

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Bibliographic Details
Main Author: Argentino Pessoa
Format: Article
Language:English
Published: Coimbra University Press 2008-12-01
Series:Notas Económicas
Online Access:https://impactum-journals.uc.pt/notaseconomicas/article/view/3478