Reverse Technological Spillovers from Outward FDI on Home Countries’ Total Factor Productivity: Does the Mode of Investment Matter?

• Main Authors: Ashraf, Ayesha, Carril-Caccia, Federico, Doytch, Nadia
• 格式: text
• 出版: Archīum Ateneo 2024
• 主題: Mergers and acquisition purchases (M&A); Outward foreign direct investment (OFDI); Outward GreenfieldFDI (OGFDI); Reverse technological spillovers; Total factor productivity (TFP); Economic Policy; Economics; International Economics; Public Affairs, Public Policy and Public Administration; Social and Behavioral Sciences
• 在線閱讀: https://archium.ateneo.edu/asog-pubs/288; https://archium.ateneo.edu/context/asog-pubs/article/1290/viewcontent/1_s2.0_S2214845024000474_main.pdf

We examine the effect of outward foreign direct investment (OFDI) on total factor productivity (TFP) of home (source of FDI) countries in a global sample of 85 economies, distinguishing between outward greenfield FDI (OGFDI) and outward cross-border merger and acquisition (M&A) purchases. The go...