taxes impair subsidiary-level investment efficiency. Consistent with internal agency conflicts between the central …-level investment efficiency while reducing the level of investment. Our paper provides timely empirical evidence to inform expectations …

augmenting the role of capital, in combination with productivity gains, as a driver of agricultural growth. The results indicate … that total factor productivity increased at an average rate of 3.2 percent, accounting for 59 percent of overall growth …

-multinational” technology transfer of Spanish firms that were acquired by foreign companies and the second analysing productivity growth rate …