Genthner, Robert; Kis-Katos, Krisztina - 2019 - Revised version June 2019
case of a protectionist FDI policy in Indonesia that restricts FDI at the product level. Using a yearly census of …-level productivity. Controlling for an extensive set of fixed effects as well as potential political-economy drivers of regulation, we … experienced a substantial loss in productivity that was concentrated in the sectors most dependent on external finance and …