@article{Blanchard:277767,
      recid = {277767},
      author = {Blanchard, Pierre and Mathieu, Claude},
      title = {Multinationals and domestic firms in France: who gains  from knowledge spillovers?},
      journal = {Review of Agricultural, Food and Environmental Studies},
      address = {17032016},
      number = {2134-2018-4148},
      year = {1703},
      abstract = {This paper aims to evaluate the direction, nature, and  magnitude of spillovers between foreign-owned firms and  French firms from firm-level panel data. We estimate  production functions at the firm level using the recent  structural techniques suggested in Ackerberg et al. (2006).  From our results, three main conclusions can be drawn.  First, spillovers are at work in all research-intensive  sectors, although they have very weak effects in the less  knowledge-based sectors. Second, foreign-owned firms  belonging to high- and medium-technology manufacturing  industries that are set up in France benefit from  horizontal spillovers, suggesting a technology sourcing  activity of foreign multinationals. Third, inward foreign  investment increases the total factor productivity of  French firms supplying inputs to multinationals (backward  spillovers) only in high- and medium-technology  manufacturing industries and after 4 years.},
      url = {http://ageconsearch.umn.edu/record/277767},
      doi = {https://doi.org/10.22004/ag.econ.277767},
}