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foreign direct investment (FDI) affects firm productivity, when productivity is endogeneous as a function of training. The … main result of our paper is that, with endogeneous productivity, exporting results in lower productivity than does FDI, but … training, higher wages and higher productivity than does production for the home market. A further interesting and unexpected …
Persistent link: https://www.econbiz.de/10003463630
Canadian foreign direct investment and sales of Canadian multinational firms' operations abroad, particularly in the manufacturing industry and in the United States, have accelerated sharply over the past decade. At the same time, although foreign demand has accelerated following the Great...
Persistent link: https://www.econbiz.de/10010460178
Foreign investment is often constrained by two forms of political risk: expropriation and corruption. We examine the role of government corruption in foreign direct investment (FDI) when contracts are not fully transparent and investors face the threat of expropriation. Using a novel dataset on...
Persistent link: https://www.econbiz.de/10011446183
This paper explores local and global dynamics underlying the development of knowledge services clusters, which we define as new geographic concentrations of technical talent and service providers offering upstream technical and knowledge-intensive business services to regional and global...
Persistent link: https://www.econbiz.de/10013133184
Со второй половины прошедшего десятилетия в экономике России возникло относительно новое явление – массированный вывоз прямых инвестиций (сопоставимый с...
Persistent link: https://www.econbiz.de/10013098443
Со второй половины прошедшего десятилетия в экономике России воз-никло относительно новое явление – массированный вывоз прямых инвестиций (сопоставимый с...
Persistent link: https://www.econbiz.de/10013086173
We exploit the designs of two separate U.S. refugee dispersal policies to provide causal evidence that refugees foster outward FDI to their countries of origin. Drawing upon aggregated individual-level refugee and project-level FDI data, we first leverage the quasi-random distribution of...
Persistent link: https://www.econbiz.de/10012843730
It is commonly believed that accumulation of human capital (HC) and availability of physical and financial capitals are among the major determinants of economic growth. In a globalised world, where factors of production are increasingly mobile, the process of domestic accumulation of HC might be...
Persistent link: https://www.econbiz.de/10012773554
Studies have demonstrated that foreign firms locate where immigrants from their home countries reside and suggested that doing so can improve performance. We argue that, to properly assess how immigrants impact the performance of co-national firms, research must account for heterogeneity in how...
Persistent link: https://www.econbiz.de/10012903017
Recent research suggests that unequal access to home country institutional resources affects firm internationalization strategies. We add to this debate, based on an analysis of state-owned (SOEs) and non-state-owned (NSOEs) Chinese mining firms, by developing a more dynamic and multi-layered...
Persistent link: https://www.econbiz.de/10012893617