This paper examines whether the degree of spillovers from foreign direct investment is affected by the foreign ownership share in investment projects. The analysis, based on an unbalanced panel of Romanian firms from 1998-2000, provides evidence consistent with positive intra-sectoral spillovers resulting from fully-owned foreign affiliates but not from projects with joint domestic and foreign ownership. This finding is consistent with literature...
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2003/08/01
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Documento de trabalho sobre pesquisa de políticas
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WPS3118
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1
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1
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2010/07/01
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To share or not to share : does local participation matter for spillovers from foreign direct investment?
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foreign ownership
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