empirical support for a "forced linkage effect" from supplying multinational companies. Our findings hold controlling for other …

The paper examines the relationship between leverage and growth in a group of emerging central and eastern European … moderate leverage could boost growth while very high leverage could lower it by increasing the likelihood of financial distress … various firm, industry and financial market characteristics. We also endogenously determine a threshold level of leverage …

(SOEs) on employment growth, using firm level data for China and a combination of propensity score matching and difference …

- using different taxonomies put forward by the innovation literature - the concrete ways through which an emerging country … where domestic innovation has to be complemented by the role played by international technology transfer. In the second part …

We document dramatic rising wages in China for the period 1978-2007 based on multiple sources of aggregate statistics …-intensive and labor-intensive industries have widened. Comparisons of international data show that China's manufacturing wage has … already converged to that of Asian emerging markets, but China still enjoys enormous labor cost advantages over its …