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The recent increase in R&D offshoring have raised fears that knowledge and competitiveness in advanced countries may be at risk of ‘hollowing out'. At the same time, economic research has stressed that this process is also likely to allow some reverse technology transfer and foster growth at...
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Multinational firms are traditionally considered as firms possessing some technological lead and exploiting this proprietary advantage in international markets, but a growing literature has been arguing that multinational firms set up foreign subsidiaries not only as a means to exploit their own...
Persistent link: https://www.econbiz.de/10014126202
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 existing literature by using firm-level data comparable...
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We investigate the link between migration and inward foreign direct investment (FDI) in narrow geographies and adopt a novel econometric strategy to shed light on the underlying mechanism. We estimate mixed logit models to explain the location choice of 1,113 greenfield investments made by 895...
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