Does FDI Work as a Channel for R&D Spillovers?: Evidence Based on Swedish Data |
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activity levels asset prices capital-labor ratio Centre for Economic CEPR Discussion Paper CHANNEL FOR R&D channels for international correlated East Germany Economic Policy Research employment estimation euro European Central Bank evidence of R&D FDI-related R&D spillovers FDIIN FDIOUT firm-level data foreign affiliates Foreign Direct Investment foreign R&D stocks GDP deflator Goswell Road greenfield investment Helpman Henrik Braconier host country In(FDIOUT In(OFDI In(S increase industry-level analysis industry-level data international R&D spillovers Karen Helene Midelfart Karolina Ekholm labor productivity Labour Economics Lichtenberg Markusen measure of R&D multicollinearity multinational activity Multinational Firms NBER Working Paper outward FDI Pottelsberghe productivity growth productivity in Swedish R&D expenditures R&D intensity R&D spillovers transmitted real R&D spending sample Skjt specification spillovers through outward STAN OECD Statistics Sweden studies Swedish MNEs Swedish multinationals Table technological knowledge technology sourcing total factor productivity transmission mechanism transmitted R&D spillovers transmitted through outward weighting schemes www.cepr.org Ση