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Multinational Enterprises, Technology Diffusion, and Host Country Absorptive Capacity: A Note

机译:跨国企业,技术扩散和东道国的吸收能力:注意事项

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摘要

Previous empirical studies show mixed support for the hypothesis that the impact of technology diffusion from multinational enterprises (MNEs) on host country productivity growth depends on host country absorptive capacity. One explanation is that the results of these empirical studies are sensitive to the measures of absorptive capacity used. This paper contributes to the empirical literature by investigating average years of schooling and total factor productivity gap as measures of host country absorptive capacity in 38 developed and developing countries. Panel data regression equations are estimated using a cross-sectionally heteroskedastic and timewise autoregressive (CHTA) model. The paper has two main results. The first result does not support the hypothesis that the technology diffusion from MNEs has a positive impact on the productivity growth in developing countries. The second result is that the total factor productivity gap is more appropriate than average years of schooling to measure host country absorptive capacity. This may suggest that the results of previous studies that used average years of schooling should be interpreted with caution.
机译:以前的经验研究表明,对以下假说的支持不一:跨国公司的技术扩散对东道国生产率增长的影响取决于东道国的吸收能力。一种解释是,这些经验研究的结果对所使用的吸收能力的度量很敏感。本文通过研究平均受教育年限和全要素生产率差距作为东道国在38个发达国家和发展中国家的吸收能力的量度,为经验文献做出了贡献。使用横截面异方差和时间自回归(CHTA)模型估计面板数据回归方程。本文有两个主要结果。第一个结果不支持以下假设:跨国公司的技术扩散对发展中国家的生产率增长具有积极影响。第二个结果是,总要素生产率差距比平均受教育年限更适合衡量东道国的吸收能力。这可能意味着应该谨慎解释以前使用平均受教育年限的研究结果。

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