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 …

Economic theory has identified a number of channels through which openness to international financial flows could raise … productivity growth. However, while there is a vast empirical literature analyzing the impact of financial openness on output … growth, far less attention has been paid to its effects on productivity growth. This paper provides a comprehensive analysis …

paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …

. Spillovers from FDI are identified by comparing changes in total factor productivity (TFP) among domestic plants in districts …

This paper looks at the channels through which intangible assets affect productivity. The econometric analysis exploits … a new dataset on intangible investment (INTAN-Invest) in conjunction with EUKLEMS productivity estimates for 10 EU …-calculated factor share. These findings suggest investments in knowledge-based capital, i.e., intangible capital, produce productivity …

accelerated. We find that human capital positively affects output per worker and productivity growth. In particular, in terms of … robust to model specifications and estimation methods. The spillover effect appears to be much stronger before 1994. We …

strong cross-firm association of FDI wage premia with similar differentials in productivity …

manufacturing sector and different micro-econometric estimation strategies in order to control for the potential endogeneity of the …