Efficiency externalities of trade and alternative forms of foreign investment in OECD countries
用随机前沿方法测量1982-2000年20个OECD国家中贸易和不同形式外国投资的效率外部性，发现贸易和外资流入提升效率，而对外投资加剧低效率，且外资效率外部性取决于东道国吸收能力。
Abstract The literature on the spillover effects of trade and inflows of foreign direct investment (FDI) has concentrated on technological externalities. Little effort has been directed towards identifying their efficiency externalities. This paper measures the efficiency externalities of trade and various forms of foreign investment for a sample of 20 OECD countries between 1982 and 2000 using a stochastic frontier approach. Trade and all foreign investment inflows are found to enhance efficiency, whereas outflows of FDI are found to exacerbate inefficiency. The efficiency externalities from foreign investment are contingent on the absorptive capacity of the host economies. Copyright © 2008 John Wiley & Sons, Ltd.