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that multinational enterprises continue to invest domestically while undertaking foreign expansion. This paper compares …'' propensity to invest abroad is positively related to their productivity and the size of their intangible assets …
Persistent link: https://www.econbiz.de/10011779742
productivity and that they impact the degree of R&D spillovers …
Persistent link: https://www.econbiz.de/10014400689
(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …
Persistent link: https://www.econbiz.de/10014403965
We use data on the sources of debt finance of U.S. majority-owned foreign affiliates in 53 countries over the period 1983 to 2001 to examine the role of financial market development, and exposure to host country-specific risk on the financing choices of these affiliates. We find that total...
Persistent link: https://www.econbiz.de/10014404176
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395947
productivity (TFP) growth using an extensive dataset that includes various measures of productivity and financial openness for a …
Persistent link: https://www.econbiz.de/10014401740
have also contributed to increasing productivity and long-term growth. We explore empirically the impact of GVC … participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the … industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and …
Persistent link: https://www.econbiz.de/10012252668
multinationals, we find that thin capitalization rules significantly affect multinational firm capital structure. Specifically … rules, which thus far have been understudied, have a substantial effect on the capital structure within multinational firms …
Persistent link: https://www.econbiz.de/10014394323
This paper estimates the effects of offshoring on productivity in U.S. manufacturing industries between 1992 and 2000 … during this period. Offshoring material inputs also has a positive effect on productivity, but the magnitude is smaller …, using instrumental variables estimation to address the potential endogeneity of offshoring. It finds that service offshoring …
Persistent link: https://www.econbiz.de/10014401505
Luxembourg receives ample investment from multinational corporations, in part due to some attractive features in its …
Persistent link: https://www.econbiz.de/10012392656