Local sourcing in developing countries: The role of foreign direct investments and global value chains
研究了外国投资者在发展中国家本地采购中间产品的影响因素,发现东道国全球价值链参与度越高、越偏向上游专业化,外资企业本地采购比例越高,且法治和教育水平会增强这一效应。
The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors. Matching two firm-level data sets on 19 Sub-Saharan African countries and Vietnam to country-sector level measures of GVC involvement, we find that more intense GVC participation and upstream specialization are associated to a higher share of inputs sourced locally by foreign investors. These effects are larger in countries with stronger rule of law and better education.