FDI on efficiency convergence

The aim of this paper is to analyze the spillover effects of FDI on domestically owned firms' efficiency and efficiency convergence in manufacture of machinery industry in Vietnam. Methodologically, we approach this question in two steps. In the first step, we estimate firms’ efficiency by using CCR model and test the effects of FDI spillovers on firms’ efficiency. In the second step, we test efficiency convergence and identify the impact of FDI spillover effects through the horizontal and vertical channels on efficiency convergence.

14p chauchaungayxua2 04-01-2020 31 1   Download