TY - CEPII
A1 - Gábor Békés
A1 - Jörn Kleinert
A1 - Farid Toubal
TI - Spillovers from Multinationals to Heterogeneous Domestic Firms: Evidence from Hungary
IS - 2009-31
T3 - Working Papers
KW - FDI
KW - Multinationals
KW - Productivity
KW - Spillover
KW - Quantile regression
N2 - Technological and informational spillovers from multinational firms can be particularly beneficial to domestic firms especially in less developed economies. The technological superiority and management experience of foreign multinational firms yield various opportunities for learning. Yet, the importance of foreign firm’s spillovers might vary with respect to the different intensities of the linkage between the multinational and the domestic firm, the differences in firms’ absorptive capacity and their ability to face competition. We show using firm-level Hungarian data that positive spillovers from multinationals depend on the level of productivity and the exporting status of the domestic firm. Larger and more productive firms are more able to reap spillovers from multinationals than smaller and less productive firms. The export status, in contrast, is of minor importance.
ER -