FDI Contribution to Technical Efficiency in the Tunisian Manufacturing Sector: Evidence from Micro-panel Data |
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| Authors: | Sofiane Ghali Sami Rezgui |
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| Institution: | 1. Faculté des Sciences Economiques et de Gestion de Nabeul, University of 7 November at Carthage , Tunisia , UAQUAP, ERFsofiane.ghali@gnet.tn;3. Faculté de Droit et des Sciences Economiques et Politiques de Sousse, Department of Economics , University of Sousse , Tunisia |
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| Abstract: | This paper investigates the contribution of FDI to firms’ technical efficiency based on a two-stage empirical method. Using panel data for 674 firms belonging to the Tunisian manufacturing sector and observed over the period 1997–2001, a bootstrap procedure is applied to correct for serial correlation affecting DEA technical efficiency scores estimated in a first stage. Results obtained from second-stage regressions show that FDI presence at the firm level has a positive effect on its technical efficiency. However, horizontal FDI spillovers are not evidenced while sectoral export activity represents a potential source of technology spillovers for local firms. |
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| Keywords: | FDI technical efficiency technology spillovers two-stage estimation bootstrap |
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