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Title: Foreign direct investement, foreign technology and labour productivity in Greek manufacturing sector, 1981-1991
Authors: Μουδάτσου, Αργυρώ 
Keywords: Μεταποιητικές επιχειρήσεις -- Ελλάδα -- 1981-1991;Manufacturing industries -- Greece -- 1981-1991
Issue Date: 2006
Publisher: ΤΕΙ Ηπείρου. Σχολή Διοίκησης και Οικονομίας
Journal: Επιθεώρηση Οικονομικών Επιστημών;Τεύχ. 10 
Abstract: While one cannot deny the importance of foreign technology for modernizing the Greek manufacturing sector, it is debatable whether this policy is beneficial to Greece in the longrun. Although Greece has no surplus of labour for the choice of different techniques to arise, the policy of relying, almost exclusiνely, on foreign proprietary knowledge, impede the efforts of deνeloping domestic technology and stimulates the importation of foreign consumer patterns. The target of the presence research is to examine the effects of Foreign Direct lnνestment (through the presence of multinational enterprises) on the labour productiνity in Greek Manufacturing Sector by using time series and cross-sectional data for all branches where multinat ionals are also actiνated for the period 1981-1991 The results showed that FDI has a negatiνe influence in labor productiνity, eνen though theory identifies a range of possible spill oνers. This negatiνe influence is the usual assertion in most researches specifically those regarding deνeloping and transition economies. Thus the national policy confronting FDI and multinationals, should regard the economic enνironment as a whole ( infrastruture, local labor market conditions as well as the oνerall macroeconomic and trade climate) rather than particular benefits arising from its presence.
ISSN: 1109-2629
Appears in Collections:Επιθεώρηση Οικονομικών Επιστημών

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