Foreign Ownership, Productivity, and Economic Crisis  

Oleh:

Suyanto

Jenis: Article from Journal - ilmiah nasional - terakreditasi DIKTI
Dalam koleksi: Manajemen dan Bisnis Ilmiah Berkala (Jurnal Manajemen dan Bisnis) vol. 10 no. 2 (Sep. 2011), page 177-191.
Topik: Foreign ownership; productivity benefits; manufacturing; economic

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: MM82.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

This paper evaluates the productivity benefit from the present of foreign ownership in manufacturing firms. The productivity benefit is analysed for the period before crisis (1988¬1996) and the period crisis onwards (1997-2000). Using the methodology of stochastic production frontier, the results show thai foreign ownership generates positive productivity benefit to local manufacturing firms, both during the before crisis period and during the crisis onwards period. An interesting result emerges when comparing the two periods. Although positive spillover benefits exist in both periods, the coefficient of FDI Spillovers is larger during the period of crisis onwards, suggesting that the productivity benefit increase after economic crisis. These findings support an argument by Takii (2007) that economic crisis has positive impact on the productivity spillovers of FDI.

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