We investigate whether exposure to export markets improves plant productivity. Our estimation framework adds export experience as an additional state variable and a fixed cost of entry into export markets to Olley and Pakes’s (1996) behavioral model. We find robust evidence of a positive...

In this paper we focus on the relationship between internationalization choices and survival of Italian firms during the financial crisis. Making use of a new database matching four firm-level datasets provided by the Italian National Statistical Institute (ISTAT), we build a detailed taxonomy...

This paper applies the dynamic panel model to investigate whether China is crowding- out FDI from other Asian economies. In addition to an analysis of aggregate FDI like prior studies, an investigation is carried out for FDI from three major investors in the region: Japan, the United States and...

Casual evidence suggests that multinational companies increasingly look for places with adequate transport and logistics infrastructure to locate affiliates that participate in cross-border production sharing. Yet, there are no systematic empirical analyses examining how logistics infrastructure...

This paper studies the relative geographic scope of two different channels of knowledge flows, a market channel where knowledge diffuses via patent transactions and a non-market channel where knowledge spillovers operate via patent citations. While there is significant work on informal...

An increasing number of case studies provide evidence that the interaction between global actors and firms in developing countries, particularly within the context of global supply chains, translate into critical knowledge acquisition. Examining vertically-integrated affiliates located in Chile...

We are living in an increasingly globalized world yet with constant and endless conflicts among countries. While studies have uncovered the impacts of various economic factors and policy regimes on trade and investment, a much less understood issue is whether conflicts among countries have any,...

This paper addresses an important development issue in literature of international production, namely what motivates market‐seeking foreign direct investment (FDI) to undertake export activities. It is well recognized in the concerned literature that export‐oriented FDI is more beneficial...

We examine how multinational firms with heterogeneous total factor productivity (TFP) self-select into different host countries. Both aggregate- and firm-level estimates suggest that more productive French firms are more likely than their less efficient competitors to invest in relatively tough...

The study tests the FDI spillover hypothesis in the Indian Pharmaceutical industry using an unbalanced panel data for a sample of firms over the period 1989-90 to 2000-01. The study estimates firm-specific productive efficiency growth for domestic firms from frontier production function and...