importance of firm-level productivity and distance-related transaction costs as driving forces of FDI. Yet the timing of FDI has … strongly depends on firm productivity immediately after the political and economic regime change, but less so with diminishing …. -- Multinational enterprises ; firm-level productivity ; distance ; timing of FDI …

FDI is an important channel for productivity spillovers across economies. But productivity and employment effects of … difference of total factor productivity amounts to 6 %. Second, multinationals show quite heterogeneous performances after cross … firm. But most importantly, the causal effect of cross-border M&A on the multinationals’ productivity is positive and …

in a region or sector, it is their productivity advantage that determines the positive effect on domestic firms in … measuring total factor productivity (TFP) of firms and to different empirical specifications …