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This paper examines the recent upsurge in foreign acquisitions of U.S. firms, specifically focusing on acquisitions made by firms located in emerging markets. Neoclassical theory predicts that, on net, capital should flow from countries that are capital-abundant to countries that are...
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Globalization brings opportunities and pressures for domestic firms in emerging markets to innovate and improve their competitive position. Using data on firms in 27 emerging market economies, we estimate the effects of foreign competition, vertical linkages with foreign firms, and international...
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Preface -- Introduction -- Output Growth and Productivity Growth in China -- Growth and Convergence across the Chinese … Regions -- Openness and Regional Growth in China -- Openness, Human Capital, and Productivity Growth in the Chinese Regions … -- Foreign Direct Investment and Regional Productivity Growth in China -- Endogenous Saving, Interregional Capital Mobility, and …
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As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or...
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Wie bauen namhafte Unternehmen FE-Standorte für ihre Kernprodukte in Emerging Markets auf? Welche Faktoren sind dabei erfolgsentscheidend? Vom Offshoring einfacher Standardtätigkeiten bis hin zu komplexen globalen Kompetenzzentren stellen renommierte Unternehmen ihr FE-Engagement vor....
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