This paper examines the relationship between foreign ownership and productivity, paying particular attention totwo … is more prevalent than greenfield investment. Wefind that British multinationals have lower levels of labour productivity …

All that we know about the CEO labour market in China comes from studies of public listed companies and state … China that exhibits many of the traits common to CEO labour markets in the West. …

markets explain both productivity differences and firm density. Estimating structural model parameters is simple and relies on … model, we find that labor markets which provide cost advantages explain substantial differences in firm productivity …

joint ventures have large effects on productivity especially when combined with a technology transfer component. We estimate … that without International joint ventures China's growth would have been about one percentage point lower per annum over …

estimates a simple model to capture the effects of technology, globalization, institutions and product demand effects on the … attenuate the polarizing impact of routinization and that differences or changes in wage-setting institutions play little role …

Institutions that serve the interests of an elite are often cited as an important reason for poor economic performance …. This paper builds a model of institutions that allocate resources and power to maximize the payoff of an elite, but where … any group that exerts sufficient fighting effort can launch a rebellion that destroys the existing institutions. The …