Secrieru, Oana (contributor); … - 2007
foreign direct investment (FDI) affects firm productivity, when productivity is endogeneous as a function of training. The … main result of our paper is that, with endogeneous productivity, exporting results in lower productivity than does FDI, but … exporting may result in higher or lower employment and output than does FDI. We also show that FDI has lower employment, higher …