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-border acquisition, show different productivity levels as compared to those firms that have not been acquired. Our identification … firms' balance sheet for the years 2008-2018. We find that cross-border acquisitions decrease the productivity of the … targeted by acquirers originating in emerging market economies also decrease productivity of high-tech target firms. …
Persistent link: https://www.econbiz.de/10012550000
structure and improving productivity. The impact is not always positive, as domestic firms are often crowded-out. However, those … desirable productivity spillovers …
Persistent link: https://www.econbiz.de/10012950341
This paper investigates the role of economic structures as determinants of FDI inflows. We expand on the existing literature by focusing on advanced economies, using a newly available measure of FDI which cleans the data from statistical artefacts, such as financial round tripping, and by...
Persistent link: https://www.econbiz.de/10011647827
This paper examines the link between barriers to trade and investment and productivity performance, in the United … a robust determinant of productivity in the long term. Control variables such as spending on R&D and human capital also … range of productivity measures as well as to changes in the sectoral coverage and the set of controls. …
Persistent link: https://www.econbiz.de/10012420942
The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus … intangible digital capital for productivity growth, particularly in the manufacturing sectors. While backward global value chain … participation and EU integration are also found to be instrumental for accelerating productivity growth, the impact of inward …
Persistent link: https://www.econbiz.de/10012209649
the Single Market on bank productivity and assesses the cross-border benefits of integration in terms of technological … spillovers. We utilise a parametric meta-frontier Divisia index to estimate productivity change and identify technological gaps …. We then assess the extent to which productivity converges within and across banking industries as a result of …
Persistent link: https://www.econbiz.de/10013067721
We study foreign investment and manufacturing productivity using a large sample of listed and unlisted firms from 34 … disclosure quality of both host and foreign investor countries, we find that firm-level productivity is positively associated … with higher foreign ownership but negatively associated with employment. The productivity benefits of foreign investment …
Persistent link: https://www.econbiz.de/10014355360
This paper investigates the link between internationalization and performance in Europe. It takes a microeconomic perspective and studies how Foreign Direct Investment (FDI) experience relates with European firms' economic, innovation and financial performance. Drawing on a large longitudinal...
Persistent link: https://www.econbiz.de/10013028390
-1997 period, this paper examines the impact of foreign presence on the productivity of domestic enterprises. We innovate on … domestic performances: productivity gaps between foreign and domestic firms, and productivity levels of MNEs. It is shown that … it is the combination of high gaps and high levels of foreign productivity that has the most positive effects. This leads …
Persistent link: https://www.econbiz.de/10014127815
productivity of European network firms. Exploiting the variation in the timing and degree of liberalization efforts across … countries and industries, we find that liberalization increased firm-level productivity but had no reallocation impact. Based on … our estimates, the average firm-level productivity gain from liberalization amounts to 38 percent of the average total …
Persistent link: https://www.econbiz.de/10013117179