What do state-owned enterprises (SOEs) do? How do they respond to market incentives? Can we expect substantial efficiency gains from trade liberalization in economies with a strong presence of SOEs? Using a new dataset of Vietnamese firms we document a set of empirical regularities...

The purpose of this paper is to examine the linkage between FDI and trade in the case of Vietnam. To investigate this issue, firstly, we attempt to find out the causality relationship between FDI and trade of Vietnam, including exports and imports. Secondly, we try to find out the determinants...

Comparative studies of India and China’s political economy typically focus on either domestic economic indicators such as GDP growth and employment rates, or external indicators of globalization such as trade and investment flows. In contrast, the proposed paper addresses an informal dimension...

Firm-level data for the Czech Republic during 1992-96 suggest that foreign investment has tended to flow to firms of above average size, initial profitability and initial labor productivity. After controlling for this selection bias, we find that foreign investment has a positive, but...

This paper estimates the effect of domestic and foreign privatization on multifactor productivity (MFP) using long panel data for nearly the universe of initially state-owned manufacturing firms in Ukraine. The longitudinal dimension of the data is used to measure and control for...

This paper estimates the relative multi-factor productivity (MFP) of privatized and state-owned enterprises using a long panel on all initially state-owned manufacturing firms in Ukraine. The large size and length of the time series in the data permit us to track the privatization process and to...

In this research, we focus on effects of foreign direct investments in Southeast European economies. Using World Bank Microdata Library and specifically Enterprise Surveys, we take a sample of six countries. The model is based on firm-level data of a representative sample of economy's private...

Automotive investment projects across borders have significantly intensified in recent years, as companies have attempted to cut costs via relocation of production, and to get closer to final customers in emerging markets. This chapter analyses the impacts of this global re-structuring process...