Many developing countries now actively solicit foreign investment, offering income tax holidays, import duty exemptions, and subsidies to foreign firms. One reason for subsidizing these firms is the positive externalities as foreign technology is transferred from foreign to domestic firms. This paper employs a unique firm-level dataset to test for such dynamic externalities in the Moroccan manufacturing sector. We find no evidence of positive externalities...
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INFORMATION
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1991/12/31
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Document de travail départemental
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7680
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1
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1
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2010/07/01
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Are there dynamic externalities from direct foreign investment? Evidence for Morocco
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protection of intellectual property right