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Does foreign direct investment aid or hinder economic recovery ensuing a financial crisis? The paper tests the hypothesis that foreign direct investors are less affected by volatility (uncertainty) on their investment decisions. The data comes from the Business Enterprise and Economic...
Persistent link: https://www.econbiz.de/10013117975
Foreign Direct Investment (FDI) into Africa has surged in recent years. At the same time, international trade has … increased, exposing African countries to international competition. This raises the question of whether FDI plays a role in … enhancing export competitiveness. This study investigates the impact of FDI on export competitiveness in countries in Sub …
Persistent link: https://www.econbiz.de/10012145420
Empirical work on micro and small firms has focused on developed countries. The little work that exists on developing countries is all too often based on small samples taken from ad hoc questionnaires. The census data we analyze are fairly representative of the structure of small business in...
Persistent link: https://www.econbiz.de/10010330093
Empirical work on micro and small firms has focused on developed countries. The little work that exists on developing countries is all too often based on small samples taken from ad hoc questionnaires. The census data we analyze are fairly representative of the structure of small business in...
Persistent link: https://www.econbiz.de/10003875536
While it has been increasingly recognized that efficient management holds the key to the development of micro and small enterprises in developing countries, we know very little about the managerial capacity of business owners and managers in these countries. In order to explore whether we can...
Persistent link: https://www.econbiz.de/10009667912
In this working paper we provide an overview of two recent special journal issues on violent conflict and entrepreneurship. These are the special issue of the Journal of Small Business and Entrepreneurship (2011) and the special issue of the Journal of Conflict Resolution (2013), devoted to the...
Persistent link: https://www.econbiz.de/10009718521
Recent studies have shown that developing countries might have significantly better export performance if they were able to increase the duration of their trade relationships. Evidence on duration of these relationships at the firm level is virtually absent. In this paper, we aim at filling this...
Persistent link: https://www.econbiz.de/10011294503
Economies have markedly different firm size distributions. At the same time, firms of different size grow differently after identical financial- and product-market liberalization reforms. Thus, identical reforms can produce different growth outcomes across countries. This result is reached after...
Persistent link: https://www.econbiz.de/10013082730
We estimate the impact of Internet diffusion on local firm performance in developing and transition economies, by adopting an instrumental variable approach reflecting firm's vulnerability to seismic shocks upon the telecommunications submarine cable (SMC) network. IV within fixed-effect...
Persistent link: https://www.econbiz.de/10012901120
Firms are heterogeneous, even within narrowly defined sectors. This paper surveys the relevant theoretical and empirical literature on firm heterogeneity and external trade. By innovatively exploiting rich cross-country micro-aggregated data sourced from the ECB Competitiveness Research Network...
Persistent link: https://www.econbiz.de/10012868134