Amb motiu del tancament d'estiu, la validació de documents es reprendrà a partir del 28 d'agost de 2026. Disculpeu les molèsties.
Con motivo del cierre de verano, la validación de documentos se reanudará a partir del 28 de agosto de 2026. Disculpad las molestias
Due to the summer closure, document validation will resume starting August 28, 2026. We apologize for any inconvenience.

Files

708077.pdf (744.08 KB)

Document type

Article

Version

Accepted version

Publication date

2020-11

Publication license

cc-by-nc-nd (c) Elsevier, 2020
Please use this identifier to cite or link to this item: https://hdl.handle.net/2445/174952

FDI productivity spillovers and absorptive capacity in Brazilian firms: A threshold regression analysis

Journal Title

Authors

Director/Tutor

Journal ISSN

Volume Title

Related resource

https://doi.org/10.1016/j.iref.2020.07.005

Abstract

Literature points out that foreign direct investment (FDI) brings firm-level productivity spillovers. However, few studies have been conducted in Latin-American economies. By using a unique Brazilian county-level FDI database, this paper explores whether the effect of the amount of FDI at the county level on firms' productivity growth depends on certain minimum levels of local companies' absorptive capacity. To do it, we use a threshold regression model, a formulation that appears to be robust to assess the specificities of developing economies. Results indicate that when FDI is set as the threshold and regime-dependent variable, Brazilian firms may suffer from negative productivity spillovers. However, local firms may collect positive spillovers if they are endowed with high absorptive capacity.

Subject

Inversions estrangeres, Anàlisi de regressió, Empreses, Amèrica Llatina

Subject (English)

Foreign investments, Regression analysis, Business enterprises, Latin America

Citation

Collections

Articles publicats en revistes (Econometria, Estadística i Economia Aplicada)

Citation

MORALLES, Herick Fernando and MORENO SERRANO, Rosina. FDI productivity spillovers and absorptive capacity in Brazilian firms: A threshold regression analysis. International Review of Economics & Finance. 2020. Vol. 70, num. 257-272. ISSN 1059-0560. [consulted: 10 of August of 2026]. Available at: https://hdl.handle.net/2445/174952

Export metadata

JSON - METS

Share record