Similar Search Results

When does FDI have positive spillovers? : Evidence from 17 emerging market economies

Gorodnichenko, Yuriy (contributor); … - 2007

We use firm-level data and national input-output tables from 17 countries over the 2002-2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country (i.e., spillovers). Providing evidence from a larger...

Persistent link: https://www.econbiz.de/10003561639

When does FDI have positive spillovers? : evidence from 17 transition market economies

Gorodnichenko, Yuriy; Švejnar, Jan; Terrell, Katherine D. - 2013

We use rich firm-level data and national input-output tables from 17 countries over the 2002-2005 period to test new and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country (i.e., spillovers). We document that backward...

Persistent link: https://www.econbiz.de/10010227718

Globalization and innovation in emerging markets

Gorodnichenko, Yuriy (contributor); … - 2008

Globalization brings opportunities and pressures for domestic firms in emerging market economies to innovate and improve their competitive position. Using recent data on firms in 27 transition economies, we test for the effects of globalization through the impact of increased competition and...

Persistent link: https://www.econbiz.de/10003652694

Do institutions, ownership, exporting and competition explain firm performance? : Evidence from 26 transition countries

Commander, Simon (contributor); Švejnar, Jan (contributor) - 2007

"We analyze a large stratified random sample of firms that provide us with measures of performance and each firm's top manager's perception of the severity of business environment constraints faced by his/her firm. Unlike most existing studies that rely on external and aggregated proxy measures...

Persistent link: https://www.econbiz.de/10003451842

Asset stripping, rule of law and firm survival : the Hoff-Stiglitz model and mass privatization in Montenegro

Koman, Matjaž; Lakičević, Milan; Prašnikar, Janez; … - 2013

We provide the first test of the Hoff and Stiglitz (2004) model predicting whether and under what conditions mass privatizations are accompanied by asset stripping. In addition to directly testing the theory, we also tackle an important policy-oriented issue of why a large number of efficient...

Persistent link: https://www.econbiz.de/10010226663

Legal corruption, politically connected corporate governance and firm performance

Domadenik, Polona; Prašnikar, Janez; Švejnar, Jan - 2014

In this paper we present and test a theory of how political corruption, found in many transition and emerging market economies, affects corporate governance and productive efficiency of firms. Our model predicts that underdeveloped democratic institutions that do not punish political corruption...

Persistent link: https://www.econbiz.de/10010381906

Does foreign entry spur innovation?

Gorodnichenko, Yuriy; Švejnar, Jan; Terrell, Katherine D. - 2015

Our estimates, based on large firm-level and industry-level data sets from eighteen countries, suggest that FDI and trade have strong positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from advanced...

Persistent link: https://www.econbiz.de/10011308400

Foreign investment, corporate ownership, and development : are firms in emerging markets catching up to the world standard?

Sabirianova Peter, Klara (contributor); … - 2005

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent alternative models of implementing development policies,...

Persistent link: https://www.econbiz.de/10002548972

Distance to the efficiency frontier and FDI spillovers

Sabirianova Peter, Klara (contributor); … - 2004 - [Elektronische Ressource]

We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...

Persistent link: https://www.econbiz.de/10002452319

China in light of the performance of Central and East European economies

Švejnar, Jan (contributor) - 2007

While China shared many systemic, initial conditions with the transition economies of Central-East Europe (CEE) and the … CEE and CIS countries. Unlike most of the CEE and CIS economies, China adopted a strategy of gradual economic … transformation that maintained the existing system and created new economic activities on top of it. This enabled China to avoid the …

Persistent link: https://www.econbiz.de/10003594444