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productivity growth than other firms, including other host country suppliers of multinationals. These findings provide first …
Persistent link: https://www.econbiz.de/10013087413
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent alternative models of implementing development policies,...
Persistent link: https://www.econbiz.de/10013318782
We document the recent phenomenon of uphill flows of capital from nonindustrial to industrial countries and analyze whether this pattern of capital flows has hurt growth in nonindustrial economies that export capital. Surprisingly, we find that there is a positive correlation between current...
Persistent link: https://www.econbiz.de/10013316680
We estimate how much of the gains from productivity spillovers through worker mobility is retained by the hiring firms …
Persistent link: https://www.econbiz.de/10013034787
things equal. Increased participation in higher education enhances productivity progress and is accompanied by rising wage …
Persistent link: https://www.econbiz.de/10012783546
We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the … indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in … in empirical studies examining a direct causal effect of foreign ownership on firm productivity, namely that of no …
Persistent link: https://www.econbiz.de/10013032281
theory. While labor market institutions have a large effect on output volatility, they do not seem to have much of an effect …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone … could account for volatility differences across member states, but labor market characteristics have remained very diverse …
Persistent link: https://www.econbiz.de/10013143682
This paper investigates the relationship between sectoral growth patterns and employment outcomes. A broad cross-country analysis reveals that in middle-income countries, employment responds more to growth in less productive and more labor-intensive sectors. Employment in middle-income countries...
Persistent link: https://www.econbiz.de/10013099092
The paper examines the relationship between leverage and growth in a group of emerging central and eastern European countries, who are at different levels of financial market development. We hypothesize a non-linear relationship in that moderate leverage could boost growth while very high...
Persistent link: https://www.econbiz.de/10013146463
host country (i.e., spillovers). We document that backward linkages have a consistently positive effect on productivity of …
Persistent link: https://www.econbiz.de/10013071295