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This document summarizes a paper that examines technology spillovers from foreign direct investment (FDI) in Estonia between 1995-1999. It finds: 1) Positive spillovers occurred from FDI through demonstration and competition effects, benefiting domestic firms. However, FDI also led to the loss of skilled employees which negatively impacted domestic firms. 2) The magnitude of spillovers depended on the measure used to proxy for foreign presence as well as characteristics of the domestic firm like size, ow

Author

Apip Supriadi

Language

EN