This dissertation studies the relationship between firm ownership and firm performanceas measured by firm productivity and profitability. Given the vast dispersion in owner andfirm characteristics, changes in ownership have the potential to translate into differences infirm performance. Chapter...

This report reviews recent global efforts to privatize energy resources and outlines the opportunities and challenges privatization has presented to U.S. and foreign multinational energy companies. The group of energy companies studied in this report includes the major U.S. petroleum companies...

For many firms, there is no long term effective strategy except to continue to grow and evolve through innovation. Hence, investment in developing these capabilities is a significant managerial priority. The original view within international business research holds that these capabilities are...

This paper analyzes the demand for labor by home multinational enterprises (MNEs) in Europe. To this end we use a unique firm level panel data set of more than 1,200 European multinational enterprises and their subsidiaries that are located in either the European Union, Central and Eastern...

How should multinational enterprises (MNEs) select international markets? We develop a model of international market selection that adds firm-specific advantages and transaction cost considerations to previously explored target market factors based on Dunning's Eclectic Framework. Results...

Rationale The strong growth in exports of non-travel services following the pandemic has contributed significantly to Spain’s economic recovery. It is therefore useful to analyse recent developments in these exports. Takeaways •The cumulative growth of real exports of non-travel services...

This paper studies the labour demand using a Q model in which labour and capital entail adjustment costs. The estimates are based on an unbalanced panel of Spanish firms over the period 1989-96. The corresponding Q variable for labour is significant in explaining hiring rates. Its estimated...

Este artículo evalúa los efectos que los subsidios al mantenimiento del empleo hayan podido tener sobre la probabilidad de que los trabajadores con mayor edad permanezcan en su empresa. Mediante la implementación de un diseño cuasiexperimental, propiciado por cambios en la regulación...

This paper examines the preferences of a foreign firm and awelfare-maximizing host country government over two modes of foreigndirect investment (FDI): de novo entry by the foreign firm andacquisition of the domestic incumbent. Two crucial features of the modelare the presence of network...

This paper examines recent global trends of foreign direct investment (FDI) flows and the benefits derivable by the recipient countries. Some of the developed countries of the West, Japan and China are the greatest recipients of FDI flows. There has been dramatic increase in FDI flows to...