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Multinational Corporations as a Catalyst for Local Industrial Development. The Case of Poland
Author/s:  Carlo Altomonte, Laura Resmini 
Year:  2002 Issue: Language: English 
Pages:  29 FullText PDF:  137 KB

In a recent model Markusen and Venables (1999) describe the conditions under which foreign direct investments (FDI) can act as a catalyst for local industrial development. We apply this framework to the case of Poland, allowing for the entry of multinationals in both intermediate and consumption goods industries. We check these hypotheses against empirical evidence, exploring agglomeration patterns of multinational and domestic firms at the regional level, and constructing an econometric model able to measure the interactions between the two classes of firms.Consistent with the theoretical predictions, we find robust evidence for the idea that multinationals may promote local industrial development through the generation of backward and forward linkages.
Keywords: Economic Geography, FDI, Transition Economies
Jel Code: F12, F15, F21, P20.

Carlo Altomonte, Laura Resmini, in "SCIENZE REGIONALI " 2/2002, pp. , DOI:


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