Technology gap, competition and spillovers from direct foreign investment: Evidence from establishment data
利用印度尼西亚制造业微观数据，研究发现外商直接投资对本土企业有正向生产率溢出，且竞争激烈和技术差距大的行业溢出效应更显著。
Direct foreign investment (DFI) has been argued to be an important channel for international technology diffusion. This has led to extensive liberalisation of DFI regimes in many developing countries, including in Indonesia. Using detailed micro‐data from the Indonesian manufacturing sector, we examine the effect on productivity from DFI. The results show DFI to benefit locally‐owned establishments, but the effect differs between groups of industries. Spillovers from DFI are found in sectors with a high degree of competition. Moreover, it seems that the larger the technology gap between domestic and foreign establishments, the larger the spillovers.