Spillovers, foreign investment, and export behavior
利用墨西哥制造业工厂面板数据,检验出口活动是否通过溢出效应降低其他企业的出口成本,发现跨国公司存在溢出效应,但一般出口活动没有。
Case studies of export behavior suggest that firms that penetrate foreign markets reduce entry costs for other potential exporters, either through learning effects or establishing commercial linkages. We examine whether spillovers associated with one firm's export activity reduce the cost of exporting for other firms. We identify two sources of spillovers: export production in general and the specific activities of multinationals. From a simple model of export behavior we derive a probit specification for the probability that a firm exports. Using panel data on Mexican manufacturing plants, we find evidence of spillovers from multinational enterprises but not from general export activity.