FDI and Superstar Spillovers: Evidence from Firm-to-Firm Transactions

We thank Sean Fulmer and Aidan Wang for excellent research assistance. We thank the National Bank of Belgium and ECOOM for providing access to their data and research facilities. Konings thanks the Methusalem grant (METH/15/004) for nancial support. Van Reenen thanks the ESRC for nancial support through POID. We thank participants at seminars in ERWIT, LSE, Padova, Surrey, Tel Aviv, UBC and Yale/COWLES for many helpful remarks, especially David Atkin, Andrew Bernard, Gert Bijnens, Paola Conconi, Dave Donaldson, Isabela Manelici, Felix Tintelnot, Rocco Machiavello, Steve Redding, and Stijn Vanormelingen. The views expressed in this paper are those of the authors and do not necessarily represent those of the Federal Reserve Bank of New York, the Federal Reserve System, the National Bank of Belgium, or the National Bureau of Economic Research.

• April 12, 2023