Detail práce

FDI and the spillover effect analysis: the case of Ethiopia

Autor: Mgr. Abeba Nigussie Turi, M.Sc.
Rok: 2014 - letní
Vedoucí: PhDr. Pavel Vacek Ph.D.
Konzultant:
Typ práce: Diplomová
MEF
Jazyk: Anglicky
Stránky: 74
Ocenění: Pochvala děkana Fakulty sociálních věd za vynikající výkon u státních zkoušek.
Odkaz: https://is.cuni.cz/webapps/zzp/detail/138113/
Abstrakt: This thesis presents the spilling over effect resulting from the foreign direct investment with a
focus on the manufacturing firms. It covers extensive econometric analysis based the Central
Statistics Agency’s (CSA) survey on the manufacturing firms and an Input-Output matrix done
by the Ethiopian Development Research Institute (EDRI). A pooled, Fixed and Random Effect
estimation techniques are employed for estimating the log transferred production function
augmented for the spillover proxies: Backward, Forward and Horizontal. Yet, as is stated in a lot
of literatures like that of Javorcik (2004), the Cobb–Douglas production function suffers from the
endogeneity problem and there is a need for a better estimation technique that can capture and
solve this problem. As a result, I also used the Levinsohn-Petrin estimation technique, which
used intermediate inputs as a proxy for unobservable shocks and the residuals from this estimate
used as a measure of total factor productivity (TFP) of the firm. The TFP analysis from the LP
estimation suggests that a one percentage point increase in the foreign presence in the
downstream sectors is associated with the 1.1 percent rise in the total output of each supplying
industries. Likewise, a one percentage point increase in the weighted share of output in the
upstream (or supplying) sectors produced by firms with foreign capital participation is associated
with the 1.2 percent decline in the total output. Yet, I have not found any significant Horizontal
spillover effect.

Partneři

ČSOB
Deloitte
McKinsey & Company

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