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inward FDI contributes to economic volatility in the host country. In this paper, we investigate the FDI-output growth … volatility nexus focusing on manufacturing sectors of OECD countries over the period 1990 to 2015. We document a positive and … statistically significant relationship between inward FDI stock and sectoral output volatility. We also show that the impact of …
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We develop a tractable growth model to study the dynamic macroeconomic effects of multinational production (MP) across countries. In this model, MP is the vehicle of international idea diffusion: when firms produce in a foreign country, they contribute to the local stock of knowledge. We...
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-multinational” technology transfer of Spanish firms that were acquired by foreign companies and the second analysing productivity growth rate …
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This paper examines how an emerging economy's institutional context motivates different forms of MNE entrepreneurship, which, subsequently, leads either to economic development or economic growth. To do so, the paper distinguishes emerging economies' institutional environment into a state of...
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