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Cross-country regressions suggest that urbanization and FDI are important drivers of growth. However, it is not clear that primacy eventually hurts growth performance. Since it is tough to interpret cross-country growth regressions, we provide detailed evidence on the determinants of outward FDI...
Persistent link: https://www.econbiz.de/10012751105
geographical dimension into their newly constructed database and empirical analysis. Our estimation results corroborate both the …
Persistent link: https://www.econbiz.de/10013005317
This paper provides cross-country firm-level evidence on productivity spillovers from foreign direct investment (FDI … labour productivity we find: i) positive intra-industry spillover effects for firms located in advanced countries, and ii …
Persistent link: https://www.econbiz.de/10014578072
This paper studies the effect of foreign direct investment (FDI) on the transmission of international business cycles. I document for the G7 countries between 1991 and 2006 that increases in bilateral FDI linkages are associated with more synchronized investment cycles. I also find that the...
Persistent link: https://www.econbiz.de/10010482488
productivity, both theoretically and empirically. In the theoretical framework, we place Irarrazabal, Moxnes and Opromolla’s (2009 … monopolistically competitive firms and comparative advantage; and show that ex ante high average industry productivity triggered by … firm self-selection enhances ex post average industry productivity during the process of increase in FDI. Using Korean …
Persistent link: https://www.econbiz.de/10014154053
Globalization has effected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...
Persistent link: https://www.econbiz.de/10012991325
by investors and these ideas may diffuse and increase the productivity of other firms. We link the diffusion of ideas to …
Persistent link: https://www.econbiz.de/10012965575
Since globalisation accelerated in the early 1990s, income inequality has increased in most developed countries and in some middle-income countries, including China and India. Also, inequality has declined in most countries of Latin America and the Caribbean and in many Sub-Saharan African and...
Persistent link: https://www.econbiz.de/10013462042
labor productivity only if host countries have a minimum level of human development. This condition may partially explain … why previous studies show mixed support for the hypothesis that foreign affiliates have a positive effect on productivity …
Persistent link: https://www.econbiz.de/10012999171
Persistent link: https://www.econbiz.de/10012231662