, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …Over the past century the long-run growth of six economies shows a strong association between investment in machinery …

, and that a high rate of machinery investment is a necessary prerequisite for rapid long-run productivity growth - a …Over the past century the long-run growth of six economies shows a strong association between investment in machinery …

Using a balanced panel of firm-level data on the manufacturing industry in France, Italy and Spain over the 1993 …-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 …