This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests … data. Third, when the null hypothesis of non convergence is rejected, a second test determines the number of converging … countries. Based on a sample of thirteen OECD countries our results show evidence of convergence in three out of six sectors …

explore the influence of productivity growth, the industrial relations record of the pair, the influence of industry and …

Russia. The adopted framework allows to analyse interdependence by estimating volatility spillovers, and also contagion by …

This paper examines the link between a firm's ownership of productive assets and its choice of foreign-market entry … productive ones will export. In addition, the most productive firms are shown to prefer whole ownership to a joint venture. These …

how firm-specific characteristics affect each decision. We find that total factor productivity is a significant …

find no horizontal productivity effects using the low threshold direct ownership definition, we find positive and …When searching for productivity spillovers from foreign firms, a firm is typically classified as foreign using a low … threshold of direct foreign ownership. Instead, we advocate an ‘ultimate owner' definition because (i) ultimate ownership …

The literature has documented a positive effect of foreign ownership on firm performance. But is this effect due to a … on divestments, that is, foreign affiliates that are sold to local owners. To establish a causal effect of the ownership … characteristics is available two years before and three years after the ownership change and for which observationally similar control …

how firm-specific characteristics affect each decision. We find that total factor productivity is a significant …

This paper examines the link between a firm’s ownership of productive assets and its choice of foreign-market entry … productive ones will export. In addition, the most productive firms are shown to prefer whole ownership to a joint venture. These …

We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we … productivity premia associated with the different sourcing strategies. We find strong empirical support for the predictions of the …