Martin Bijsterbosch|Marcin Kolasa
FDI and productivity convergence in Central and Eastern Europe: an industry-level investigation
European Central Bank|National Bank of Poland|SGH Warsaw School of Economics
paper presents empirical evidence effect fdi inflows productivity convergence central eastern europe using new harmonized industrylevel data set four conclusions stand first strong convergence effect productivity country industry level second fdi inflow plays important role accounting productivity growth third impact fdi productivity critically depends absorptive capacity recipient countries industries fourth important heterogeneity across countries industries time respect main findings