The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components … two components of productivity growth. We do so by analyzing the effects of an acquisition of a domestic establishment by … emerge: (i) any positive impact of ownership change is predominantly due to change in technical efficiency, not scale effects …

States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies … productivity grows less due to larger mismatch. The model can be used to address a number of normative issues. …

Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …

Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …

reconcile the conflicting primal and dual estimates of productivity growth over the period. …

-size distribution? Do they affect individual city sizes? Do they contribute to the productivity advantage of large cities and the nature …

productivity in the generation segment of the industry. Controlling explicitly for sources of price-heterogeneity across firms and …