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We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new, representative firm-level data set spanning six countries. A novel finding is that firm-level spillovers from foreign firms to domestic companies can be significantly...
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-planned to a market-oriented economy, China has emerged as a global power, particularly an economic power. Meanwhile, more and … more Multinationals have rushed into the Chinese consumer goods market to seek new and tremendous market development … opportunities. For local Chinese companies, the numerous entries of Multinationals have seriously threatened their existing market …
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We assess the consequences for consumers in 76 countries of multinational acquisitions in beer and spirits. Outcomes depend on how changes in ownership affect markups versus efficiency. We find that owner fixed effects contribute very little to the performance of brands. On average, foreign...
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We study the impact of foreign direct investment (FDI) on total factor productivity (TFP) of domestic firms using a new, representative firm-level data set spanning six countries. A novel finding is that firm-level spillovers from foreign firms to domestic companies can be significantly...
Persistent link: https://www.econbiz.de/10011715875
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