Autore
Mastromarco, Camilla

Titolo
Efficiency and Learning-through- importing in Less Developed Countries. A Stochastic Frontier Approach.
Periodico
Università degli studi di Lecce - Dipartimento di Scienze Economiche e Matematico-Statistiche. Quaderni. Collana di economia
Anno: 2002 - Fascicolo: 16 - Pagina iniziale: 1 - Pagina finale: 29

This article uses stochastic frontier methodology to analyse foreing direct investment and imported capital goods as channels for increased efficiency in less developed countries. Empirical investigation reveals that both contribute substantially to greater efficiency. However, there is an important difference: the article demonstrates that the general and disembodied knowledge diffusion effects of foreign direct investment are more growth enhancing than the more localised, embodied knowledge impact of imported capital goods.




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