Foreign Direct Investment and Productivity Spillovers: Evidence from Turkey

This article analyzes the horizontal productivity spillover effects of foreign ownership on Turkish firms that are among the top 500 industrial enterprises in Turkey. Using a panel of 215 firms over the period 2004-2008, we find that domestic firms benefit from productivity spillovers from foreign-o...

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Veröffentlicht in:Journal of applied finance and banking 2011-01, Vol.1 (4), p.185
1. Verfasser: Erdogan, Aysa Ipek
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description This article analyzes the horizontal productivity spillover effects of foreign ownership on Turkish firms that are among the top 500 industrial enterprises in Turkey. Using a panel of 215 firms over the period 2004-2008, we find that domestic firms benefit from productivity spillovers from foreign-owned firms. However, absorptive capacity does not matter for productivity spillover benefits. [PUBLICATION ABSTRACT]
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subjects Absorptive capacity
Econometrics
Employees
Foreign investment
Foreign owned US companies
Labor productivity
Minority set aside programs
Occupational mobility
Production functions
Productivity
Research methodology
Studies
Transition economies
Value added
Variables
title Foreign Direct Investment and Productivity Spillovers: Evidence from Turkey
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