Cieslik, Andrzej; Ryan, Michael - In: Asian Economic Journal 23 (2009) 3, pp. 297-321
As foreign direct investment (FDI) often originates from multinational enterprises (MNEs) with non-core activities and not single-product firms, as MNE theory typically suggests, we hypothesize that such firms are more productive than MNEs without non-core activities as well as non-MNE firms. We...