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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 …
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We develop a tractable growth model to study the dynamic macroeconomic effects of multinational production (MP) across countries. In this model, MP is the vehicle of international idea diffusion: when firms produce in a foreign country, they contribute to the local stock of knowledge. We...
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FDI on local private firms' productivity, wages, and employment, which are scant in existing studies for developing …
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-multinational” technology transfer of Spanish firms that were acquired by foreign companies and the second analysing productivity growth rate …
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Does foreign entry improve host country productivity and welfare? Previous studies have looked at the role of backward …
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