EFFECT OF FIRM’S EXPORT-ORIENTATION ON BACKWARD SPILLOVERS OF FOREIGN DIRECT INVESTMENT IN TURKISH MANUFACTURING INDUSTRY

Yıl 2016, Cilt: 5 Sayı: 4, 351 - 359, 30.12.2016

Felor Ebghaei

https://doi.org/10.17261/Pressacademia.2017.357

Öz

This study examines the direct and indirect or
spillover effects (horizontal and vertical) of FDI with special emphasis on the
backward spillover effects. My main purpose is to examine whether the effect of
backward spillovers generated by export oriented foreign owned firms is larger
on productivity of domestic firms than backward spillover effect generated by
domestic oriented foreign owned firms by using firm-level data for the years
2003-2011. With this purpose, value added and total factor productivity
equations with two different measures of backward spillover effects for Turkish
manufacturing industry firms are estimated by using the panel data method. My
empirical results are consistent with the existence of positive horizontal and
vertical spillovers of FDI. My estimation results also show that the backward
spillover generated by export oriented foreign owned firms is larger than the
backward spillover generated by domestic oriented foreign owned firms. 

Anahtar Kelimeler

Foreign direct investment, spillover effects, backward spillovers, firm exports

Kaynakça

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