Local technological capability and productivity spillovers from FDI in the Uruguayan manufacturing sector
研究1988年乌拉圭制造业中，本地工厂与外资企业的技术差距如何影响外商直接投资的生产率溢出效应，发现仅技术差距适中的本地工厂能获得显著正向溢出。
This article examines intra‐industry spillovers from FDI in Uruguayan manufacturing plants in 1988, to determine whether differences in the technology gap between locally‐owned plants and foreign affiliates have any impact on the relation between local productivity and foreign presence. We find a positive and statistically significant spillover effect only in a sub‐sample of locally‐owned plants with moderate technology gaps vis‐à‐vis foreign firms. Our interpretation is that there are firm‐specific differences in the ability to absorb spillovers, and that these may explain some of the contradictory findings of earlier spillover studies.