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When Does FDI Have Positive Spillovers? Evidence from 17 Transition Market Economies

Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2013

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

Education and the Welfare Gains from Employment Protection

Charlot, Olivier; Malherbet, Franck - Institute for the Study of Labor (IZA) - 2010

This paper studies the impact of an European-like labor market regulation on the return to schooling, equilibrium unemployment and welfare. We show that firing costs and temporary employment have opposite effects on educational choices. We furthermore demonstrate that a laissez faire economy...

Persistent link: https://www.econbiz.de/10008564707

Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?

Sabirianova Peter, Klara; Svejnar, Jan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2005

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

When Does FDI Have Positive Spillovers? Evidence from 17 Emerging Market Economies

Gorodnichenko, Yuriy; Svejnar, Jan; Terrell, Katherine - Institute for the Study of Labor (IZA) - 2007

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

Efficiency in a Search and Matching Economy with a Competitive Informal Sector

Charlot, Olivier; Malherbet, Franck; Ulus, Mustafa - Institute for the Study of Labor (IZA) - 2012

We consider a dual labor market with a frictional formal sector and a competitive informal sector. We show that the size of the informal sector is generally too large compared to the optimal allocation of the workers. It follows that our results give a rationale to informality-reducing policies.

Persistent link: https://www.econbiz.de/10010744669