PRODUCTIVITY SPILLOVERS TO LOCAL MANUFACTURING FIRMS FROM FOREIGN DIRECT INVESTMENT
This article examines if foreign participation in Singapore’s manufacturing sector has led to productivity spillovers to local-owned firms. Three specific channels of productivity spillovers are considered – horizontal, backward and forward linkages.
The views expressed in this paper are solely those of the authors and do not necessarily reflect those of the Ministry of Trade and Industry, the Economic Development Board or the Government of Singapore.
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