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plants exist. The results indicate that divestment is associated with a drop in total factor productivity accompanied by a …
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simultaneity bias in productivity estimates through semi-parametric techniques, we find that changes in domestic firms’ TFP are …
Persistent link: https://www.econbiz.de/10011346463
home country. This paper investigates the effects on productivity and trade from the perspective of transaction costs … suggests that the effect of offshoring manufacturing and services on total factor productivity (TFP) is positive and larger … than the effect of R&D on productivity. …
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We build a dynamic general equilibrium model with 2 countries, horizontal and vertical multinational activity and endogenous domestic and foreign investment. It is found that horizontal multinational activity always leads to a complementary relationship between domestic and foreign investment....
Persistent link: https://www.econbiz.de/10011377536
Investment (FDI). The conventional proximity-concentration theory suggests that FDI substitutes for trade if distance between … empirically the effect of different dimensions of distance on the choice between exports and FDI. We find that different … dimensions of distance affect exports and FDI differently. There is clear evidence of a proximity-concentration trade-off in …
Persistent link: https://www.econbiz.de/10011378320
We decompose the wage premium after foreign acquisitions of Dutch domestic firms into the constituent firm- and worker-level premia. Firm-level premia grow up to 3.5%, accounting for the majority of the acquisition premium. Worker-level premia by contrast, grow up to 1% and only materialize with...
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