Inward Investment and Technical Progress in the UK Manufacturing Sector:
This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence labour productivity in the UK manufacturing sector. Using an industry-level panel data set we find that foreign-owned firms have a significant positive effect on the level of technical...
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| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2000
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| Series: | OECD Economics Department Working Papers
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| Subjects: | |
| Links: | https://doi.org/10.1787/171541878788 |
| Summary: | This paper investigates the impact of direct investment by foreign-owned companies on technical progress and hence labour productivity in the UK manufacturing sector. Using an industry-level panel data set we find that foreign-owned firms have a significant positive effect on the level of technical efficiency in domestic firms. There is evidence of significant intra-industry and inter-industry spillovers from inward investment. These findings remain robust even when other factors such as imports and domestic R&D expenditures are allowed for. Inward investment appears to be a much more important source of technical progress than foreign trade ... |
| Physical Description: | 1 Online-Ressource (20 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/171541878788 |
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| indexdate | 2025-01-11T15:45:42Z |
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| spellingShingle | Hubert, Florence Inward Investment and Technical Progress in the UK Manufacturing Sector Economics United Kingdom |
| title | Inward Investment and Technical Progress in the UK Manufacturing Sector |
| title_auth | Inward Investment and Technical Progress in the UK Manufacturing Sector |
| title_exact_search | Inward Investment and Technical Progress in the UK Manufacturing Sector |
| title_full | Inward Investment and Technical Progress in the UK Manufacturing Sector Florence Hubert and Nigel Pain |
| title_fullStr | Inward Investment and Technical Progress in the UK Manufacturing Sector Florence Hubert and Nigel Pain |
| title_full_unstemmed | Inward Investment and Technical Progress in the UK Manufacturing Sector Florence Hubert and Nigel Pain |
| title_short | Inward Investment and Technical Progress in the UK Manufacturing Sector |
| title_sort | inward investment and technical progress in the uk manufacturing sector |
| topic | Economics United Kingdom |
| topic_facet | Economics United Kingdom |
| url | https://doi.org/10.1787/171541878788 |
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