knowledge transfers - from high to low productivity firms - between acquirer and target. Using the Melitz (2003) model of … transfers, where the latter leads to assortative matching on productivity for firms in cross-border M&As. This is in line with … stylized facts (because M&As frequently occur between firms of similar productivity) and in contrast to the proximity …

model in which technical advances are embodied in new capital, investment will translate directly into productivity gains … growth than the sum of the contributions of parent and affiliate employment, and materials; (2) productivity has boomed since … 1992, due to productivity growth in MNCs with Canadian affiliates; (3) the investment elasticity of productivity growth is …

-multinational” technology transfer of Spanish firms that were acquired by foreign companies and the second analysing productivity growth rate …