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Proença, I., Fontoura, M. P. & Crespo, N. (2006). Productivity spillovers from multinational corporations: vulnerability to deficient estimation. Applied Econometrics and International Development . 6 (1), 87-98

I. Proença et al.,  "Productivity spillovers from multinational corporations: vulnerability to deficient estimation", in Applied Econometrics and Int. Development , vol. 6, no. 1, pp. 87-98, 2006

@article{proença2006_1732206262807,
	author = "Proença, I. and Fontoura, M. P. and Crespo, N.",
	title = "Productivity spillovers from multinational corporations: vulnerability to deficient estimation",
	journal = "Applied Econometrics and International Development ",
	year = "2006",
	volume = "6",
	number = "1",
	pages = "87-98",
	url = "http://www.usc.es/economet/aeid.htm"
}

TY  - JOUR
TI  - Productivity spillovers from multinational corporations: vulnerability to deficient estimation
T2  - Applied Econometrics and International Development 
VL  - 6
IS  - 1
AU  - Proença, I.
AU  - Fontoura, M. P.
AU  - Crespo, N.
PY  - 2006
SP  - 87-98
SN  - 1578-4487
UR  - http://www.usc.es/economet/aeid.htm
AB  - Evidence on productivity spillovers from FDI to domestic firms is ambiguous. Incorrect estimation procedures may be one of the sources for the contradictory results obtained in empirical studies on this subject. We observe that inadequacy of the estimation procedures leads to a severe underestimation of the spillover effect. An appropriated econometric methodology is discussed taking into consideration the possible simultaneity of FDI and other explanatory variables and endogeneity related to firm unobserved heterogeneity. Robust inference is also addressed. Our findings for the Portuguese case seem sufficient clear to warn about spillover results obtained with a non-judicious application of the classical panel data methods.
ER  -