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Gains from Synchronization
Barnett, William; Dalkir, Mehmet - EconWPA - 2005
This paper investigates the transmission mechanisms of noise and volatility between economies through trade links, and the effects of synchronization on business cycles. We investigate the transmission of outside noise and the fluctuations that the noise generates. We identify conditions under...
Persistent link: https://www.econbiz.de/10005119350
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Productivity Gaps, Inward Investments and Productivity of European firms
Castellani, Davide; Zanfei, Antonello - EconWPA - 2001
-1997 period, this paper examines the impact of foreign presence on the productivity of domestic enterprises. We innovate on … domestic performances: productivity gaps between foreign and domestic firms, and productivity levels of MNEs. It is shown that … it is the combination of high gaps and high levels of foreign productivity that has the most positive effects. This leads …
Persistent link: https://www.econbiz.de/10005556487