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How to Stir Up FDI Spillovers: Evidence from a Large Meta-Analysis

Havranek, Tomas; Irsova, Zuzana - William Davidson Institute, University of Michigan - 2011

from the literature and examine which factors in uence spillover magnitude. To identify the most important determinants of … and foreign investors. The most important determinants are the technology gap between domestic and foreign firms and the …

Persistent link: https://www.econbiz.de/10011161389

The Determinants & Excessiveness of Current Account Deficits in Eastern Europe & the Former Soviet Union

Aristovnik, Aleksander - William Davidson Institute, University of Michigan - 2006

calculated on the basis of selected determinants (in period 1992-2003), the results confirm that the actual current account …

Persistent link: https://www.econbiz.de/10005677635

SHORT- AND MEDIUM-TERM DETERMINANTS OF CURRENT ACCOUNT BALANCES IN MIDDLE EAST AND NORTH AFRICA COUNTRIES

Aristovnik, Aleksander - William Davidson Institute, University of Michigan - 2007

The main aim of the paper is to examine the short- and medium-term empirical link between current account balances and a broad set of (economic) variables proposed by theoretical and empirical literature. The paper focuses on the Middle East and North Africa (MENA), an economically diverse...

Persistent link: https://www.econbiz.de/10005677672

Politics and Economic Reform in Malaysia

Ritchie, Bryan K. - William Davidson Institute, University of Michigan - 2004

Malaysia’s admirable economic growth is often attributed to liberal, open economic policies. Aggregate measures of … reform and retarded technological development, leaving Malaysia mired in mediocrity: neither price competitive with China nor …

Persistent link: https://www.econbiz.de/10005652590

The Effect of Ownership and Competitive Pressure on Firm Performance in Transition Countries: Micro Evidence from Bulgaria, Romania and Poland

Angelucci, Manuela; Estrin, Saul; Konings, Jozef; … - William Davidson Institute, University of Michigan - 2002

This paper uses a unique representative firm level data set to analyse the effect of domestic and international competitive pressure and ownership changes in three emerging economies, Bulgaria Poland and Romania. Our main findings can be summarized as follows: Domestic competitive pressure,...

Persistent link: https://www.econbiz.de/10005677517

Firm Performance and the Political Economy of Corporate Governance: Survey Evidence for Bulgaria, Hungary, Slovakia and Slovenia

Walsh, Patrick Paul; Whelan, Ciara - William Davidson Institute, University of Michigan - 2000

Using survey data for 220 traditional manufacturing firms over 7 years of transition and 4 CEE countries, we find firms that produced for the EU market under planning consistently outperform those that produced for the CMEA market. Within the previously CMEA market, the best firms were selected...

Persistent link: https://www.econbiz.de/10005677528

THE EFFECTS OF PRIVATIZATION AND INTERNATIONAL COMPETITIVE PRESSURE ON FIRMS’ PRICE-COST MARGINS: MICRO EVIDENCE FROM EMERGING ECONOMIES1

Konings, Jozef; Cayseele, Patrick Van; Warzynski, Frederic - William Davidson Institute, University of Michigan - 2003

This paper uses representative firm level panel data of 1,701 Bulgarian and 2,047 Romanian manufacturing firms to estimate price-cost margins and to analyze how these are affected by privatization and increased competitive pressure. The estimation method used, which is based on Roeger (1995),...

Persistent link: https://www.econbiz.de/10005677637

Executive Compensation, Firm Performance, and State Ownership in China: Evidence from New Panel Data*

Kato, Takao; Long, Cheryl - William Davidson Institute, University of Michigan - 2004

This paper provides the first systematic evidence on compensation for executives of firms listed in China’s emerging stock market (currently the eighth largest of the world with market capitalization of over $550 billion). Specifically, using comprehensive financial and accounting data on...

Persistent link: https://www.econbiz.de/10005677675

Impact of M&A on firm performance in India: Implications for concentration of ownership and insider entrenchment

Bhaumik, Sumon Kumar; Selarka, Ekta - William Davidson Institute, University of Michigan - 2008

performance. On the one hand, concentration of ownership that, in turn, concentrates management control in the hands of a strategic investor, eliminates agency problems associated with dispersed ownership. On the other hand, it may lead to entrenchment of upper management which may be...

Persistent link: https://www.econbiz.de/10005677683

Social Capital and Entrepreneurial Performance in Russia: A Panel Study

Batjargal, Bat - William Davidson Institute, University of Michigan - 2000

Drawing on the social embeddedness perspective, this paper examines the impact of entrepreneurs' social capital on their firm performance in post-Soviet Russia. Based on face-to-face interviews with 75 Russian entrepreneurs in 1995, and the follow-up study in 1999, the study contrasts the...

Persistent link: https://www.econbiz.de/10005784594