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This paper examines the link between a firm's owership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...
Persistent link: https://www.econbiz.de/10010296254
is increasing in its productivity, with the most productive multinationals choosing not to rely on a foreign partner at …
Persistent link: https://www.econbiz.de/10010296282
how firm-specific characteristics affect each decision. We find that total factor productivity is a significant …
Persistent link: https://www.econbiz.de/10010296286
We use Japanese firm-level data to examine how a firm?s productivity affects its choice of foreign-market entry …
Persistent link: https://www.econbiz.de/10010296298
across regions in Japan, the stock amount of public capital could be endogenous because it could be allocated to either … public capital investment across regions in order to estimate the causal effect of public capital on production. Japan … regions as well. The productivity of public capital based on this natural experimental identification strategy indicates …
Persistent link: https://www.econbiz.de/10010332456
variance of its components, which is then applied to measure the relative contributions of productivity, hours per worker, and … employment to cyclical output growth across a panel of countries. Measured productivity contributes more to the cycle in Europe … and Japan than in the United States. Employment contributes the largest proportion of the cycle in Europe and the United …
Persistent link: https://www.econbiz.de/10010274432
First moves towards a real understanding of offshoring date back to very recent times. In particular for Japan, the … studies conducted so far focus alone on the productivity effects of offshoring at the firm level. Here I carry out the … analysis of both the employment and productivity effects at the aggregate level of the industry, covering the years 1980 …
Persistent link: https://www.econbiz.de/10010278561
This paper analyzes endogenous fluctuations in total factor productivity (TFP) in a dynamic general equilibrium model … firms, and fluctuations in TFP in response to firm-level productivity and aggregate credit-market shocks. I also analyze the …. Implications of the model are consistent with the features of the stagnation in Japan in the 1990s. …
Persistent link: https://www.econbiz.de/10010279996
is increasing in its productivity, with the most productive multinationals choosing not to rely on a foreign partner at …
Persistent link: https://www.econbiz.de/10010260614
This paper examines the link between a firm's ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through greenfield...
Persistent link: https://www.econbiz.de/10010261423