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Covid-19 and SME Failures
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021
We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
Persistent link: https://www.econbiz.de/10013244116
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Does Trade Cause Capital to Flow? Evidence from Historical Rainfall
Kalemli-Ozcan, Sebnem; Nikolsko‐Rzhevskyy, Alex; … - 2021
, France, and the U.K., during the period of 1859–1913. The identification is based on the following historical facts: First … exported to Germany, France, and the U.K. by the Empire. Using the export-bundle-weighted regional rainfall as an instrument …
Persistent link: https://www.econbiz.de/10013231603
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Foreign Investment and Domestic Productivity : Identifying Knowledge Spillovers and Competition Effects
Fons-Rosen, Christian - 2017
We study the impact of FDI on the productivity of host-country firms. FDI has positive spillovers only when foreign and domestic firms use similar technologies. Channeling FDI to sectors where firms share similar technology would significantly increase productivity spillovers from FDI. We show...
Persistent link: https://www.econbiz.de/10012950067