Effect of FDI and Time on Catching Up: New Insights from a Conditional Nonparametric Frontier Analysis
外商直接投资与时间对追赶的影响:条件非参数前沿分析的新见解
Summary We use an appropriate nonparametric two‐step approach on conditional efficiencies to investigate how foreign direct investment (FDI) and time affect the process of catching up. By using a dataset of 44 countries over 1970–2007, we explore the channels under which FDI fosters productivity by disentangling the impact of this factor on the production process and its components: impact on the attainable production set (input–output space) and the impact on the…