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Multinational Corporations and Spillovers

Bibliographic Data

ID23314636
AuthorsMagnus Blomström, Ari Kokko (0000-0003-4085-2868)
Year1998
Volume12
Issue3
Pages247-277
Publication date1998-07-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Economic Surveys (JOURNAL)
Journal identifiersISSN: 0950-0804 • E-ISSN: 1467-6419
PublisherWiley (PUBLISHER • GB)
DOI10.1111/1467-6419.00056
OpenAlexW2171650106
LanguageEN
Citations received206
References cited26

This paper examines spillover effects of the activities of multinational firms. Such effects are most likely to be found in host countries, where the operations of foreign multinationals may influence local firms in the MNCs own industry as well as firms in other industries. However, there is no comprehensive evidence on the exact nature or magnitude of these effects, although it is suggested that host country spillovers vary systematically between countries and industries. In particular, the positive effects of foreign investment are likely to increase with the level of local capability and competition. The spillovers to the home countries of MNCs are often more difficult to identify, for various reasons. Earlier studies suggest that the effects are generally positive, but the increasing international division of labor within multinationals complicates the analysis. The impact on the home country is likely to depend on what activities these firms concentrate at home.

Business · Competition (biology) · Division of labour · Economic geography · Economics · Foreign direct investment · Industrial organization · International business · International economics · International trade · Investment (military) · Knowledge spillover · Macroeconomics · Market economy · Multinational corporation · Spillover effect · Firm Innovation and Growth · Global trade and economics · International Business and FDI

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Unique citing works206
Citations per year7,1
Citation span1997 - 2026 (30)
Citation velocitycurrent
Highly citedYes
Citation typesNeutral: 173

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