During the recent period, we observe that many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host country firms. But the empirical studies on spillover effects of FDI have failed to...

During the recent period, we observe that many countries compete with each other to attract foreign investment. When MNCs invest in a host country, it is assumed that a part of their technology spills to the host country firms. But the empirical studies on spillover effects of FDI have failed to...

The coronavirus epidemic has severely affected the small and medium enterprises (SMEs), which are more financially constrained compared with large companies. Waking up to this challenge, various countries employed short-run and long-run policies to support SMEs. Using rich firm-level data from...