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Foreign-owned firms are often hypothesized to generate productivity “spillovers” to the host country, but both theoretical micro-foundations and empirical evidence for this are limited. We develop a heterogeneous-firm model in which ex-ante identical workers learn from their employers in...
Persistent link: https://www.econbiz.de/10005792490
Gains from productivity and knowledge transmission arising from the presence of foreign firms have received a good deal … into two types: (a) obtaining knowledge and skills at a lower cost than if they were self-learnt at home, (b) producing … domestic skilled workers earlier in time than if the domestic economy had to rediscover the relevant knowledge through …
Persistent link: https://www.econbiz.de/10005661512