Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sector
Foreign direct investment (FDI) from Multinational Enterprises (MNEs) can be beneficial to host countries, since it may generate positive externalities to domestic firms, contributing to the increase of their productivity. These positive effects can take place both within an industry ("horizont...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Vilnius Gediminas Technical University
2007-12-01
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Series: | Journal of Business Economics and Management |
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Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/7601 |
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author | Filippo Reganati Edgardo Sica |
author_facet | Filippo Reganati Edgardo Sica |
author_sort | Filippo Reganati |
collection | DOAJ |
description | Foreign direct investment (FDI) from Multinational Enterprises (MNEs) can be beneficial to host countries, since it may generate positive externalities to domestic firms, contributing to the increase of their productivity. These positive effects can take place both within an industry ("horizontal” spillovers) and across industries ("vertical” spillovers) as in the case of technology transfers to domestic suppliers or customers in the production chain. Using a firm‐level panel data, in this paper we analyse productivity spillovers from FDI in the Italian manufacturing firms both within and across industries. Our results suggest the existence of “vertical” spillovers and no evidence of “horizontal” ones.
First Published Online: 14 Oct 2010 |
first_indexed | 2024-12-19T12:32:55Z |
format | Article |
id | doaj.art-e5c2536ced81441caec231b061291ad9 |
institution | Directory Open Access Journal |
issn | 1611-1699 2029-4433 |
language | English |
last_indexed | 2024-12-19T12:32:55Z |
publishDate | 2007-12-01 |
publisher | Vilnius Gediminas Technical University |
record_format | Article |
series | Journal of Business Economics and Management |
spelling | doaj.art-e5c2536ced81441caec231b061291ad92022-12-21T20:21:15ZengVilnius Gediminas Technical UniversityJournal of Business Economics and Management1611-16992029-44332007-12-018410.3846/16111699.2007.9636178Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sectorFilippo Reganati0Edgardo Sica1Department of SEMS, Faculty of Economics, University of Foggia, Largo Papa Giovanni Paolo II n. 1, 71100 Foggia, ItalyDepartment of SEMS, Faculty of Economics, University of Foggia, Largo Papa Giovanni Paolo II n. 1, 71100 Foggia, ItalyForeign direct investment (FDI) from Multinational Enterprises (MNEs) can be beneficial to host countries, since it may generate positive externalities to domestic firms, contributing to the increase of their productivity. These positive effects can take place both within an industry ("horizontal” spillovers) and across industries ("vertical” spillovers) as in the case of technology transfers to domestic suppliers or customers in the production chain. Using a firm‐level panel data, in this paper we analyse productivity spillovers from FDI in the Italian manufacturing firms both within and across industries. Our results suggest the existence of “vertical” spillovers and no evidence of “horizontal” ones. First Published Online: 14 Oct 2010https://journals.vgtu.lt/index.php/JBEM/article/view/7601FDIMNEsProductivity SpilloversBackward LinkagesForward LinkagesItalian Manufacturing Sector |
spellingShingle | Filippo Reganati Edgardo Sica Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sector Journal of Business Economics and Management FDI MNEs Productivity Spillovers Backward Linkages Forward Linkages Italian Manufacturing Sector |
title | Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sector |
title_full | Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sector |
title_fullStr | Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sector |
title_full_unstemmed | Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sector |
title_short | Horizontaland vertical spillovers from FDI: Evidence from panel data for the Italian manufacturing sector |
title_sort | horizontaland vertical spillovers from fdi evidence from panel data for the italian manufacturing sector |
topic | FDI MNEs Productivity Spillovers Backward Linkages Forward Linkages Italian Manufacturing Sector |
url | https://journals.vgtu.lt/index.php/JBEM/article/view/7601 |
work_keys_str_mv | AT filipporeganati horizontalandverticalspilloversfromfdievidencefrompaneldatafortheitalianmanufacturingsector AT edgardosica horizontalandverticalspilloversfromfdievidencefrompaneldatafortheitalianmanufacturingsector |