. Productivity spillovers benefiting local firms are also differentiated by degree of foreign ownership, with minority holdings …This Paper analyses the production efficiency gains in terms of technology transfer and labour productivity changes … firms operating in Greece in 1997. Departures from normality of labour productivity and its logarithm led to the adoption of …

We use changes in Brazil’s tax on capital inflows from 2006 to 2011 to test for direct portfolio effects and …. We find that an increase in Brazil’s tax on foreign investment in bonds causes investors to significantly decrease their … portfolio allocations to Brazil in both bonds and equities. Investors simultaneously increase allocations to other countries …

we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover … spillovers from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on …

We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A … country can raise its total factor productivity by investing in R&D. Countries can also boost their productivity by trading … of MULTIMOD that incorporates R&D spillovers among industrial countries and from industrial countries to developing …

An extensive literature on the convergence of productivity between countries examines whether productivity is pulled … towards the global frontier country, perhaps due to learning and knowledge spillovers. More recently, studies within countries … use the wide dispersion of productivity across firms to explore convergence to the national frontier. Given this within …

The empirical analysis in "International R&D Spillovers" (Coe and Helpman, 1995) is first revisited by applying modern … characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that … they impact the degree of R&D spillovers. …

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 … explicit model of spillovers through labor flows in a framework with search frictions. Firms can choose to innovate or to …

indirect effects of foreign direct investment on measured firm level productivity depend on a number of firm specific features … benefit from horizontal spillovers from foreign firms on average. However, these spillovers depend on the structure and origin … of ownership as well as on specific characteristics of the special economic zones. First, spillovers are less likely to …

Foreign-owned firms are often hypothesized to generate productivity “spillovers” to the host country, but both …-ante identical workers learn from their employers in proportion to the firm’s productivity. Foreign-owned firms have, on average …, higher productivity in equilibrium due to entry costs, which means that low-productivity foreign firms cannot enter. Foreign …

productivity performance of domestic firms in three emerging economies of Central and Eastern Europe, Bulgaria, Romania and Poland … counterparts? (2) Do foreign firms generate spillovers to domestic firms? The estimation technique in this paper takes potential … endogeneity of ownership, spillovers and other factors into account by estimating a fixed effects model using instrumental …