Multinationals and Linkages: An Empirical Investigation

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Do local manufacturing firms benefit from transactional linkages with multinational enterprises in China? (2009, background): “…shed some light on the channels through which a local economy may benefit from the presence of FDI, there is still “a significant gap between the consensus among practitioners and the empirical literature regarding the importance of positive FDI externalities” (Alfaro and Rodríguez-Clare, 2004).”
Subsidiary roles, vertical linkages and economic development: Lessons from transition economies (2009, background): “The positive externalities arising from linkages have been found to be higher in the case of vertical linkages as opposed to horizontal linkages (Alfaro & Rodrı́guez-Clare, 2004).”
Foreign direct investment and human capital in developing countries: a panel data approach (2016, background): “In addition, a number of studies (Alfaro et al. 2004; Fosfuri et al. 2001) have highlighted the possibility of FDI-related knowledge spillovers to host economies. 346 Econ Change Restruct (2017) 50:341–365”