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Firm Performance and Foreign Direct Investment: Evidence from Transition Economies Mahmut Yasar, University of Texas at Arlington, and Catherine J. Morrison Paul, University of California, Davis* Abstract We evaluate the performance of foreign-owned versus domestic firms, and the spillover...
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We evaluate the productivity and input composition effects of outsourcing (or subcontracting) for Turkish textile and apparel manufacturing plants. We analyze differences in performance indicators for plants that subcontract inputs or outputs, and find that plants that outsource internationally...
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Productivity is often computed by approximating the weighted sum of the inputs from the estimation of the Cobb-Douglas production function. Such estimates, however, may suffer from simultaneity and selection biases. Olley and Pakes (1996, Econometrica 64: 1263-1297) introduced a semiparametric...
Persistent link: https://www.econbiz.de/10005748368
Theoretical studies have emphasized the role firms play in shaping laws and regulations through political activities. This paper examines whether import-competing firms and exporting firms possess differing levels of political influence by using firm-level data from 27 Eastern European and...
Persistent link: https://www.econbiz.de/10010738116
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Firm Performance and Foreign Direct Investment: Evidence from Transition Economies Mahmut Yasar, University of Texas at Arlington, and Catherine J. Morrison Paul, University of California, Davis* Abstract We evaluate the performance of foreign-owned versus domestic firms, and the spillover...
Persistent link: https://www.econbiz.de/10010630427
Summary This paper empirically examines the link between firms' performance and institutional quality using data for firms in 52 countries. We control for potential endogeneity by instruments alternatively based on legal origin and "related-firm" institutions, and by a "bribery" variable. We...
Persistent link: https://www.econbiz.de/10008865526