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decrease of labor productivity at domestic firms, which is a negative effect. The main purpose of this paper is to estimate …, where the latter is estimated alternatively as labor productivity and as exports. FDI notably increases both labor … productivity and export volumes. Second, we look for spillover or indirect effects. There is statistical evidence that the levels …
Persistent link: https://www.econbiz.de/10010298136
Despite the liberalisation of capital flows among OECD countries, equity home bias remains sizable. We depart from the two familiar explanation of equity home bias: transaction costs that impede international diversification, and terms of trade responses to supply shocks that provide risk...
Persistent link: https://www.econbiz.de/10010298732
competition for the productivity of local firms. When FDI flows expanded rapidly in the 1990s, it became clear that MNEs play an …
Persistent link: https://www.econbiz.de/10010300054
Globalisierung' lautet das Schlagwort, das seit geraumer Zeit die wirtschaftspolitischen Debatten beherrscht. Zunächst war damit vor allem die Öffnung von nationalen Güterund Finanzmärkten gemeint, die mit einem enormen Wachstum der Güterexporte und internationalen Finanztransaktionen...
Persistent link: https://www.econbiz.de/10010300061
Besides material offshoring, economists have started to analyze the impact of service offshoring on domestic employment. Services are of particular interest since their significance has grown not only in terms of quantity, but also of qualitative understanding. One decade ago, most services were...
Persistent link: https://www.econbiz.de/10010300072
Besides material offshoring, economists have started to analyze the impact of service offshoring on domestic employment. Services are of particular interest since their significance has grown not only in terms of quantity, but also of qualitative understanding. One decade ago, most services were...
Persistent link: https://www.econbiz.de/10010300147
decrease of labor productivity at domestic firms, which is a negative effect. The main purpose of this paper is to estimate …, where the latter is estimated alternatively as labor productivity and as exports. FDI notably increases both labor … productivity and export volumes. Second, we look for spillover or indirect effects. There is statistical evidence that the levels …
Persistent link: https://www.econbiz.de/10010301121
The paper ascribes to the literature analysing the conditions leading to the break-up of nations. The model englobes the existing literature and considers two separate spaces, a state and its region, where informed and non-informed citizens cohabit. We depart in considering that noninformed...
Persistent link: https://www.econbiz.de/10010301238
The paper investigates the relationship between offshoring, wages, and the ease with which individuals' tasks can be offshored. Our analysis relates to recent theoretical contributions arguing that there is only a loose relationship between the suitability of a task for offshoring and the...
Persistent link: https://www.econbiz.de/10010302728
show that the result for capitalists is insensitive to enhanced productivity catch-up processes induced by capital inflows …
Persistent link: https://www.econbiz.de/10010306533