这是一个争议较大的话题，有人说FDI促进增长，有人说FDI抑制增长，还有人说FDI促进增长是需要条件的。这篇文章使用委内瑞拉的数据，认为仅仅促进规模小于50人的企业增长，对其他企业抑制增长。

结论：
Using a panel of more than 4,000 Venezuelan plants between 1976 and 1989, we identify two effects of foreign direct investment on domestic enterprises. First, we find that increases in foreign equity participation are correlated with increases in productivity for recipient plants with less than 50 employees, suggesting that these plants benefit from the productive advantages of foreign owners. Second, we find that increases in foreign ownership negatively affect the productivity of wholly domestically owned firms in the same industry. These negative effects are large and robust to alternative model specifications. Although previous studies generally found positive effects, we show that these results can be explained by the tendency for multinationals to locate in more productive sectors and to invest in more productive plants.

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很有价值的研究，不知道有没有针对中国这方面问题的权威性研究？