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A general equilibriumm model of a foreign multinational enterprise's decisions on establishing a wholly-owned subsidiary or forming a joint venture is built on firm-specific knowledge and plant-specific knowledge when there are intraindustry and interindustry technology spillovers. The welfare...
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investment (FDI) in India. An analysis of firm-level panel data from the Indian manufacturing sector from 2000–2001 to 2007 … productivity improvements in domestic firms due to vertical technology spillovers are only through backward linkages from FDI. The … spillovers from FDI are not spontaneous, but are constrained by the technological ability of domestic firms and the ownership …
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