technologies, leading to higher productivity. We propose a model of endogenous selection and innovation in heterogeneous firms that …

host-countries has been almost exclusively focused on issues of productivity, growth and wages. We argue that this leaves …

We revisit the relationship between foreign investment and productivity of acquired firms. First, we construct a panel … acquisitions after controlling for country and sector trends. The productivity of foreign acquired affiliates increases modestly …

The empirical literature finds mixed evidence on the existence of positive productivity externalities in the host … relative productivity of the foreign firm leads to higher additional growth in financially developed economies compared to …

This paper examines the impact of the operations of foreign-owned multinational firms on the productivity growth of …-owned firms affects the productivity of local firms in that sector and whether there is any evidence of convergence between that … industry's productivity level and that of the United States. The main results can be summarized as follows: First, productivity …

productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …

for plant size and productivity, we find that foreign plants are significantly more likely to close than comparable …

even for risk neutral multinationals, as their profit function is non-linear due to price and productivity effects. For … of productivity shocks in an emerging market producing the intermediate inputs reduces the multinationals' expected … in each country to productivity shocks, channeling the average employment from the more to the less volatile location …

model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …

empirical literature discussing the productivity effects of Chinese SOE enterprise reform, and wider policy discussion of the …