Narrow search
Showing 1 - 10 of 867
Cover Image
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
Cover Image
The Diffusion of New Institutions : Evidence from Renaissance Venice's Patent System
Comino, Stefano - 2017
statutes that are more effective at preventing outsiders' entry and at mitigating price competition lead to less patenting. We … strongly restrict entry and price competition. We show that guilds that originated from medieval religious confraternities were … more likely to regulate entry and competition, and that the effect on patenting is robust to instrumenting guild statutes …
Persistent link: https://www.econbiz.de/10012941168
Cover Image
Host Country Competition and Technology Transfer by Multinationals
Blomstrom, Magnus; Kokko, Ari; Zejan, Mario - 2021
Mexican manufacturing industry we find that indicators for local competition are positively related to the technology imports …
Persistent link: https://www.econbiz.de/10013233028
Cover Image
Supplier Responses to Wal-Mart's Invasion of Mexico
Iacovone, Leo - 2011
This paper examines the effect of Wal-Mart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by firm interviews that suggested substantial heterogeneity across firms in how they responded to Wal-Mart's entry, we develop a dynamic industry model in which firms decide whether...
Persistent link: https://www.econbiz.de/10013122643
Cover Image
Catching-Up to Foreign Technology? Evidence on the "Veblen-Gerschenkron" Effect of Foreign Investments
Urban, Dieter M.; Peri, Giovanni - 2022
The presence of foreign multinational enterprises may benefit local economies. In particular, highly productive foreign-owned firms may promote technological catch-up of local firms. Such channel of spillovers is defined as "Veblen-Geschenkron" effect of Foreign Direct Investments and is...
Persistent link: https://www.econbiz.de/10013324631
Cover Image
Measuring the Location of Production in a World of Intangible Productive Assets, FDI, and Intrafirm Trade
Lipsey, Robert E. - 2010
As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or...
Persistent link: https://www.econbiz.de/10012759116
Cover Image
Technology Capital and the U.S. Current Account
McGrattan, Ellen R. - 2010
The U.S. Bureau of Economic Analysis (BEA) estimates the return on investments of foreign subsidiaries of U.S. multinational companies over the period 1982--2006 averaged 9.4 percent annually after taxes; U.S. subsidiaries of foreign multinationals averaged only 3.2 percent. Two factors distort...
Persistent link: https://www.econbiz.de/10012759325
Cover Image
Intra-Industry Foreign Direct Investment
Alfaro, Laura - 2010
We use a new firm level data set that establishes the location, ownership, and activity of 650,000 multinational subsidiaries -- close to a comprehensive picture of global multinational activity. A number of patterns emerge from the data. Most foreign direct investment (FDI) occurs between rich...
Persistent link: https://www.econbiz.de/10012759786
Cover Image
Multinational Firms, FDI Flows and Imperfect Capital Markets
Antras, Pol - 2010
This paper examines how costly financial contracting and weak investor protection influence the cross-border operational, financing and investment decisions of firms. We develop a model in which product developers have a comparative advantage in monitoring the deployment of their technology...
Persistent link: https://www.econbiz.de/10012760432
Cover Image
How Does Foreign Direct Investment Promote Economic Growth? Exploring the Effects of Financial Markets on Linkages
Alfaro, Laura - 2010
The empirical literature finds mixed evidence on the existence of positive productivity externalities in the host country generated by foreign multinational companies. We propose a mechanism that emphasizes the role of local financial markets in enabling foreign direct investment (FDI) to...
Persistent link: https://www.econbiz.de/10012760635