Showing 1 - 10 of 403
or sector, it is their productivity advantage on the local firm to determine the positive effect on domestic productivity … significant and robust Veblen-Gerschenkrion effect. The initial total factor productivity advantage of MNEs on local firm acts as … a stimulus for productivity growth of local firms in the same region. …
Persistent link: https://www.econbiz.de/10010276891
below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period …
Persistent link: https://www.econbiz.de/10010278252
We explore the effect of foreign direct investment on economic growth in developing countries, distinguishing between mergers and acquisitions ("M&As") and "greenfield" investment. A simple model captures the key difference between the two types of FDI: unlike greenfield investment, M&As partly...
Persistent link: https://www.econbiz.de/10011430093
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/10010318987
productivity growth - is observed for foreign direct investment (FDI) flows, which should be particularly sensitive to productivity …, construction, mining/petroleum/utilities, and tourism sector. By contrast, we show that countries with faster productivity growth … role for financial openness: a country with fast productivity growth draws in more FDI into its service sectors only when …
Persistent link: https://www.econbiz.de/10011430090
We study how total factor productivity (TFP), energy prices, and the Great Moderation are linked. First we estimate a … negatively affected productivity. This spillover has since disappeared. Second, we show that within the framework of a dynamic … stochastic general equilibrium model, the disappearance of this energy-productivity spillover generates the significantly lower …
Persistent link: https://www.econbiz.de/10010292361
linking this to productivity, which turns out to be important. The paper also provides an example of modeling productivity …
Persistent link: https://www.econbiz.de/10010294881
to quantify the extent to which factor accumulation induces structural change and productivity growth in industrializing … many countries. We conclude that the productivity gains through labour re-allocation are potentially a significant …
Persistent link: https://www.econbiz.de/10010263207
productivity growth in semi-industrialized economies. These effects are hypothesized to operate through the negative impact of firm … raise productivity in defense of profits, contributing to a low wage-low productivity trap. This paper presents empirical … link between increased firm mobility and lower wages, as well as slower productivity growth over the period 1970-2000. …
Persistent link: https://www.econbiz.de/10010266557
, follows a faster track and depends more on political power than on those policies' potential as engines for productivity … different groups' weight in policymaking, and the effect of the implied unbalance on aggregate productivity. Electoral weight … found that the resulting imbalance of policies damages aggregate productivity. …
Persistent link: https://www.econbiz.de/10010278278