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We examine micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey data...
Persistent link: https://www.econbiz.de/10010333877
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10010269463
, productivity growth and capital accumulation. Moreover, there is evidence of a positive contribution to the process stemming from …
Persistent link: https://www.econbiz.de/10010311699
resources, which raises productivity. Relying on provincial panel data from China, this paper attempts to examine if regional … productivity growth is accounted for by the deepening process of financial development. Towards this end, an appropriate … measurement of financial depth is constructed and then included as a determinant of productivity growth. It finds that a …
Persistent link: https://www.econbiz.de/10010284703
We quantify the causal effect of foreign investment on total factor productivity (TFP) using a new global firm … domestic firms, we calculate the aggregate impact of foreign investment on country-level productivity growth and find it to be …
Persistent link: https://www.econbiz.de/10010326288
Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross …
Persistent link: https://www.econbiz.de/10010333960
Wenn ausländische Unternehmen im Rahmen von Unternehmensübernahmen und -fusionen die Kontrolle über deutsche Betriebe übernehmen, befürchten Regierungsvertreter und Gewerkschaften oftmals Produktionsverlagerungen ins Ausland sowie den Verlust von Einfluss und Arbeitsplätzen. Die aktuell...
Persistent link: https://www.econbiz.de/10011602246
Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross …
Persistent link: https://www.econbiz.de/10010427554
: their productivity level and its export status. In line with theories and empirical evidence on the absorptive capacity of …
Persistent link: https://www.econbiz.de/10010494351
), but suggests a strong cross-firm association of FDI wage premia with similar differentials in productivity. …
Persistent link: https://www.econbiz.de/10010494721