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Foreign Investment, Corporate Ownership, and Development:Are Firms in Emerging Markets Catching Up to the World Standard?

Sabirianova, Klara Z.; Svejnar, Jan; Terrell, Katherine - 2005

catching up to the (world) efficiency standard given by foreign-owned firms; and the distance of the Russian firms to the … implementations of the Washington Consensus policies have thus not enabled domestic firms to start catching up to the world standard. …

Persistent link: https://www.econbiz.de/10009476852

Distance to the Efficiency Frontier and FDI Spillovers

Peter, Klara Sabirianova; Svejnar, Jan; Terrell, Katherine - 2004

We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...

Persistent link: https://www.econbiz.de/10009476861

Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?

Peter, Klara Sabirianova; Svejnar, Jan; Terrell, Katherine - 2005

catching up to the (world) efficiency standard given by foreign-owned firms; and the distance of the Russian firms to the … have not enabled domestic firms in either country to start catching up tothe world standard. …

Persistent link: https://www.econbiz.de/10009476944