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and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the … change from 1995-1997 to 1998-2000. However, the distance to the frontier is orders of magnitude greater in Russia than in … distance of domestic firms to the frontier grew (in all parts of the distribution) from 1992-1994 to 1995-1997 and did not …
Persistent link: https://www.econbiz.de/10010262073
advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … efficiency frontier is much larger than that of the Czech firms and continued to grow for most firms beyond 1997 while remaining …
Persistent link: https://www.econbiz.de/10010271756
Using a large longitudinal, nationally representative workplace-level dataset, we explore the productivity gains … substitutes in production, and that the productivity gains associated with organizational redesign are industry-specific. …
Persistent link: https://www.econbiz.de/10010357563
acquisitions by MNEs from technologically leading countries and those behind the technological frontier. We show that both acquire …
Persistent link: https://www.econbiz.de/10009503803
In this paper we analyze the conditions under which a foreign direct investment (FDI) involves a net capital flow across countries. Frequently, foreign direct investment is financed in the host country without an international capital movement. We develop a model in which the optimal choice of...
Persistent link: https://www.econbiz.de/10010373495
In this paper we analyze the conditions under which a foreign direct investment (FDI) involves a net capital flow across countries. Frequently, foreign direct investment is financed in the host country without an international capital movement. We develop a model in which the optimal choice of...
Persistent link: https://www.econbiz.de/10003368138
We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …
Persistent link: https://www.econbiz.de/10011975741
productivity of locally owned firms in the Czech Republic. To this end, we collect 332 estimates previously reported in journal … results suggest that, as of 2018, a 10-percentage-point increase in foreign presence is likely to lift the productivity of …
Persistent link: https://www.econbiz.de/10011859006
, we suggest that the convergence based on the productivity, can be assisted by a reinforcement of supply-side measures …
Persistent link: https://www.econbiz.de/10011918273
evidence in Central and Eastern Europe of the effects of geographical proximity and agglomeration on the productivity of … significant effect on the productivity of domestic firms in the glass sector at a 5% level. The effect of geographical proximity …
Persistent link: https://www.econbiz.de/10003755242