| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7866 |
| DP7866 Foreign Entry and Spillovers with Technological Incompatibilities in the Supply Chain | |
| Thibault Fally; Juan Carluccio | |
| 发表日期 | 2010-06-01 |
| 出版年 | 2010 |
| 语种 | 英语 |
| 摘要 | Does foreign entry improve host country productivity and welfare? Existing studies have focused on the role of technology spillovers and backward linkages with domestic suppliers. In this paper, we study how these externalities are affected by technological incompatibilities between foreign and domestic technologies. When foreign technologies require specialized inputs, some local suppliers self-select into production for multinational firms. A decrease in the cost of inputs compatible with the foreign technology has heterogeneous effects. It benefits foreign firms and the most productive downstream domestic firms adopting the foreign technology, and negatively affects firms using the domestic technology. The impact on welfare is positive when we allow for endogenous entry in both upstream and downstream industries, but welfare gains can be negatively related to observed foreign presence at equilibrium. Our model can also reproduce various stylized facts drawn from the empirical literature on vertical and horizontal FDI spillovers. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Multinational firms Technological incompatibilities Pecuniary externalities Host country welfare |
| URL | https://cepr.org/publications/dp7866 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536703 |
| 推荐引用方式 GB/T 7714 | Thibault Fally,Juan Carluccio. DP7866 Foreign Entry and Spillovers with Technological Incompatibilities in the Supply Chain. 2010. |
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