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Governance, Information Spillovers, and Productivity of Local Firms

Toward an Integrated Approach to Foreign Direct Investment and Global Value Chains

Bibliographic Data

ID21310381
AuthorsYoshimichi Murakami (0000-0001-8385-2871, Research Institute for Economics and Business Administration (RIEB) Kobe University Japan, corresponding author), Keijiro Otsuka (0000-0001-7463-8355, Graduate School of Economics Kobe University Japan)
Year2020
Volume58
Issue2
Pages134-174
Publication date2020-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueThe Developing Economies (JOURNAL)
Journal identifiersISSN: 0012-1533 • E-ISSN: 1746-1049
PublisherWiley (PUBLISHER • GB)
DOI10.1111/deve.12232
OpenAlexW3013655004
LanguageEN
Citations received6
References cited123

Information spillovers from multinational enterprises to local firms in developing countries are examined in the literature on global value chains and foreign direct investment. However, global value chain studies and foreign direct investment studies are carried out independently and separately. While global value chain studies describe an important mechanism that underlies the productivity improvements of local firms in developing countries, most foreign direct investment studies attempt to assess econometrically the impacts on the productivity of local firms. This survey article concludes that an integrated approach incorporating the insightful perspective of global value chain studies into the empirical approach of foreign direct investment studies will likely reveal the channel through which information spillovers lead to the productivity improvements of local firms in developing countries

Business · Comparative advantage · Corporate governance · Developing country · Economic growth · Economics · Foreign direct investment · Global value chain · Industrial organization · International economics · International trade · Investment (military) · Macroeconomics · Multinational corporation · Productivity · Value (mathematics) · Finance · Global trade and economics · Global trade, sustainability, and social impact · International Business and FDI

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Unique citing works6
Citations per year1,2
Citation span2021 - 2026 (6)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 6
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