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characteristics. The results suggest that institutional differences are important determinants of total factor productivity and that …
Persistent link: https://www.econbiz.de/10012464577
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 …
Persistent link: https://www.econbiz.de/10012469199
in a region or sector, it is their productivity advantage that determines the positive effect on domestic firms in … measuring total factor productivity (TFP) of firms and to different empirical specifications …
Persistent link: https://www.econbiz.de/10012467794
Are there productivity spillovers from FDI to domestic firms, and, if so, how much should host countries be willing to …
Persistent link: https://www.econbiz.de/10012469991
We quantify foreign direct investment (FDI) spillovers by comparing changes in total factor productivity (TFP) among …
Persistent link: https://www.econbiz.de/10012453253
host-countries has been almost exclusively focused on issues of productivity, growth and wages. We argue that this leaves …
Persistent link: https://www.econbiz.de/10012461375
We study how cross-country macroeconomic spillovers caused by sovereign default affect equilibrium bailouts. Because of portfolio diversification, the default of one country causes a macroeconomic contraction also in other countries. This generates a self-interest for these other countries to...
Persistent link: https://www.econbiz.de/10012480664
the world, each country invests in TFP and internalizes the dynamic effects of its investments, while ignoring any effects … on others. Small symmetric idiosyncratic shocks can lead to large long-run differences in TFP levels and the world TFP …
Persistent link: https://www.econbiz.de/10012462281
Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign … larger and explain more of the variation in productivity across countries than if true' bilateral trade patterns are employed …
Persistent link: https://www.econbiz.de/10012472749
that their functional form of how foreign R&D affects domestic productivity via imports is probably incorrect. We provide …
Persistent link: https://www.econbiz.de/10012473174