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productivity performance of firms from a catching-up country (Poland) and a leader economy (Germany). Domestic owned firms are less …, the foreign ownership productivity premium decreases, leading to productivity catching up between foreign and domestic … firms' productivity performance is more stable along the GVC distribution. …
Persistent link: https://www.econbiz.de/10013257645
estimation of production functions together with information on prices and quantities to estimate physical productivity, markups …
Persistent link: https://www.econbiz.de/10011548253
functions together with detailed product-level information on prices and quantities to estimate physical productivity, markups … based on commonly used measures of revenue productivity. In contrast, we measure sizable efficiency gains using measures … that are not affected by pricing heterogeneity, such as marginal costs and physical productivity. Exploiting exogenous …
Persistent link: https://www.econbiz.de/10012585848
upgrading in foreign-acquired firms. We reveal substantial productivity gains within foreign-acquired firms and we show that …
Persistent link: https://www.econbiz.de/10011929606
We use a unique cross-section survey of manufacturing firms from four European countries (France, Germany, Italy, Spain) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The main results are: (i) Exporting is positively...
Persistent link: https://www.econbiz.de/10011514354
We use a unique cross-section survey of manufacturing firms from four European countries (France, Germany, Italy, Spain) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The main results are: (i) Exporting is positively...
Persistent link: https://www.econbiz.de/10011538046
upgrading in foreign-acquired firms. We reveal substantial productivity gains within foreign-acquired firms and we show that …
Persistent link: https://www.econbiz.de/10012892251
's q plunge despite concurrent productivity increase when firms multinationalize. This paper explains why MNEs invest less … despite increasing productivity as a consequence of the multinationalization option exercise. Average U.S. public firms hold …
Persistent link: https://www.econbiz.de/10013240853
We use a panel data set of European firms to analyse the effects of domestic and international M&As on target firms' investment, growth and financial constraints. Combining propensity score matching with a difference-in-differences estimator, our results indicate that upon acquisition, target...
Persistent link: https://www.econbiz.de/10011671647
The formation of Russian multinational enterprises was determined by the specifics of the privatization in Russia and ownership structure, as well assets inherited from the Soviet era, and process of the country's integration into the global economy after 1991. In Russia, with a minimum of...
Persistent link: https://www.econbiz.de/10013299990