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Using two matched plant level skills and productivity datasets for UK manufacturing we document that (i) more …
Persistent link: https://www.econbiz.de/10005497762
foreign ownership and plant productivity. To control for the possible endogeneity of the FDI decision, a difference … context, is the ability to follow the timing of observed changes in productivity and other aspects of plant performance. The … results suggest that foreign ownership leads to significant productivity improvements in the acquired plants. The improvements …
Persistent link: https://www.econbiz.de/10005791292
retail chains leads to a significant increase in the total factor productivity in the supplying industries. Their presence in … a region increases the total factor productivity of firms in the supplying industries by 15.2 percent and doubling the … number of chains leads to a 10.8 percent increase in total factor productivity. However, the expansion benefits larger firms …
Persistent link: https://www.econbiz.de/10005791348
issue. It formulates an economic model of investment and uses data on the mean and variance of productivity growth to … in inflows when strong executive constraints are adopted in terms of the reduction in the volatility in productivity …
Persistent link: https://www.econbiz.de/10011145416
plants exist. The results indicate that divestment is associated with a drop in total factor productivity accompanied by a …
Persistent link: https://www.econbiz.de/10011083217
This Paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …
Persistent link: https://www.econbiz.de/10005124197
Many European countries have sought to increase the efficiency of national railroad companies through a range of reforms: separating infrastructure and operations, creating independent regulatory institutions and providing access to the network to third parties. To estimate the effects of...
Persistent link: https://www.econbiz.de/10005656315
We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregulated foreign market. We show how foreign activities by the regulated firm affect domestic regulation, consumers’ surplus and firm’s profits. Although expansion in unregulated foreign markets...
Persistent link: https://www.econbiz.de/10005504706
This Paper studies prudential regulation of a multinational bank (MNB here-after). We analyse how two frequently chosen representation forms for MNBs - branch and subsidiary representation - affect the behaviour of national regulators. We find that the different liability structure and insurance...
Persistent link: https://www.econbiz.de/10005114319
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the implementation of the theory in open-economy environments and its implications for the international organization of production and the structure of international trade flows. I...
Persistent link: https://www.econbiz.de/10009320400