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and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …
Persistent link: https://www.econbiz.de/10010884338
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 …
Persistent link: https://www.econbiz.de/10005703404
that never yield an efficient allocation. Moreover, our results extend the efficiency of auction mechanisms to an …
Persistent link: https://www.econbiz.de/10005703500
This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …
Persistent link: https://www.econbiz.de/10005822529
existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the host country … hypothesis that spillovers are greater for FDI with more advanced technology. While efficiency of domestic firms’ is affected by … firm’s "absorptive capacity" we find: i) distance from the efficiency frontier tends to dampen horizontal spillovers in …
Persistent link: https://www.econbiz.de/10005763586