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In this paper we confirm the existence of improvements of firm productivity when domestic upstream and downstream firms become more internationalized and therefore offshore (import intermediate inputs) and inshore (export final output for intermediate input usage) intensively. China's accession...
Persistent link: https://www.econbiz.de/10011561797
In this paper a semiparametric stochastic metafrontier approach is used to obtain insight into firm-level competitiveness in Europe. We differ from standard TFP studies at the firm level as we simultaneously allow for inefficiency, noise and do not impose a functional form on the input-output...
Persistent link: https://www.econbiz.de/10011605746
This paper empirically examines the effects of financial crises on the organization of production of multinational enterprises. We construct a panel of European multinational networks from 2003 through 2015. We use as a financial shock the increase in risk premia between August 2007 and July...
Persistent link: https://www.econbiz.de/10014480534
The abandonment of central planning led to considerable output declines in countries of the firmer Soviet-bloc. The magnitude and length of the output declines, as well as recovery experiences have been very diverse. This paper describes and examines the impact of various detfirminants of output...
Persistent link: https://www.econbiz.de/10010313230
The abandonment of central planning led to considerable output declines in countries in the firmer soviet-bloc. The magnitude and length of the output declines, as well as recovery experiences have been very diverse. Various detfirminants of outpt growth have been identified in the literature....
Persistent link: https://www.econbiz.de/10010313317
This study analyzes the dynamic effect of FDI on local firms' productivity by relaxing the standard implicit assumption that technological spillovers are immediate and pfirmanent. We find that the entry of majority foreign owned firms has a short run negative effect on the productivity of local...
Persistent link: https://www.econbiz.de/10010313346