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The crisis on international financial markets that started in 2007 has shown the potential links between the financial sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack of demand, but also because of restricted access of...
Persistent link: https://www.econbiz.de/10010299990
effect: Financial constraints do not matter for small firms whose productivity seems to be too low to consider international …
Persistent link: https://www.econbiz.de/10010333826
effect: Financial constraints do not matter for small firms whose productivity seems to be too low to consider international …
Persistent link: https://www.econbiz.de/10008823204
productivity, financial constraints and labor market constraints might constitute barriers to entry into foreign markets. We … size and productivity on firms' international activities. Second, small firms suffer more frequently from financial …
Persistent link: https://www.econbiz.de/10010271900
productivity, financial constraints and labor market constraints might constitute barriers to entry into foreign markets. We … size and productivity on firms’ international activities. Second, small firms suffer more frequently from financial … bargaining particularly impedes international activities. -- foreign direct investment ; exports ; firm heterogeneity …
Persistent link: https://www.econbiz.de/10003879017
decision to engage internationally. -- Multinational firms ; exports versus FDI ; financial constraints ; heterogeneity … ; productivity …
Persistent link: https://www.econbiz.de/10003943667
The crisis on international financial markets that started in 2007 has shown the potential links between the financial sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack of demand, but also because of restricted access of...
Persistent link: https://www.econbiz.de/10012991098
Mundell (1961) claimed that the viability of a currency union relies on the degree of labour mobility. In the present paper an attempt is made to introduce a test for the viability of a currency union. To this end author will try to measure in European countries the relative real wage rigidity...
Persistent link: https://www.econbiz.de/10013148538
only little known about productivity variations between foreign affiliates of multinational firms. In order to enhance the … understanding of the economic causes of this heterogeneity we analyze the impact of various institutional and economic … characteristics of the countries in which the multinational parent companies are located on the productivity of their affiliates …
Persistent link: https://www.econbiz.de/10009515296
This paper studies whether skilled migrants contribute to the host country's 'productive efficiency' (Farrell, 1957) using input-output and immigration sectoral data for seven industries in twelve countries during the period 1999-2001. We find that skilled migrants contribute positively to a...
Persistent link: https://www.econbiz.de/10013050617