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FDI and Superstar Spillovers: Evidence from Firm-to-Firm Transactions / Mary Amiti, Cédric Duprez, Jozef Konings, John Van Reenen.
- Format:
- Book
- Author/Creator:
- Amiti, Mary.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w31128.
- NBER working paper series no. w31128
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2023.
- Summary:
- Using firm-to-firm transactions, we show that starting to supply a 'superstar' firm (large domestic firms, exporters and multinationals) boosts productivity by 8% in the medium-run. Placebos on starting relationships with smaller firms and novel identification strategies support a causal interpretation of "superstar spillovers". Consistent with a model of technology transfer, we find falls in markups and bigger treatment effects from technology-intensive superstars. We also show that the increase in new buyers is particularly strong within the superstar firm's network, a "dating agency" effect. This suggests an important role for raising productivity through superstars' supply chains regardless of their multinational status.
- Notes:
- Print version record
- April 2023.
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