Using data from a survey conducted by the World Bank in China, this paper shows that foreign ownership enhances firm productivity. We also find that only equity ownership from foreign firms can have such a positive impact, but not ownership from foreign institutional investors, banks, or...

In this era of globalization, with decreasing transaction costs and world wide specialization, the character of international trade changes. The traditional trade in products in line with the Ricardian theory of comparative advantages is replaced by a trade in tasks. This paper discusses the...

This paper analyzes the off-shoring strategy from an empirical view. It focuses on a set of models, extracts a set of testable hypothesizes and creates a suitable set of variable to test their validity. This analysis is based on a data set from French manufacturing firms that provides detailed...

I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...