Productivity change and externalities: Empirical evidence from Hungary
2014 (English)In: International review of applied economics, ISSN 0269-2171, E-ISSN 1465-3486, Vol. 28, no 1, 102-125 p.Article in journal (Refereed) PublishedText
This paper contributes to the analysis of the impact of externalities on the host country's total factor productivity by taking into account different dimensions of spillover effects. Namely, engagement in exporting and foreign ownership is generally perceived as being beneficial to individual firms and the economy as a whole. The approach used in the current research accounts for different internal as well as external factors that individual firms face and evaluates the effect on changes in productivity, technology as well as the efficiency of domestic firms. The empirical analysis focuses on Hungary. While the country leads the group of post-socialist countries in the amount of attracted foreign direct investments (FDI) the effect of this policy on the economy remains unclear. The research finds that different externalities play a different role in productivity, technological and efficiency change in different types of firms and sectors of the economy.
Place, publisher, year, edition, pages
2014. Vol. 28, no 1, 102-125 p.
export, Foreign Direct Investments, Malmquist productivity index, spillover effect
IdentifiersURN: urn:nbn:se:hj:diva-29438DOI: 10.1080/02692171.2013.828682ScopusID: 2-s2.0-84889082805OAI: oai:DiVA.org:hj-29438DiVA: diva2:904099