It has recently been shown that the firm size distribution is initially skewed to the right and then evolves over time to become more lognormal, and argued that this is likely due to firms initially facing financial constraints, see Cabral and Mata (2003). We conjecture that, it this is true,...

This paper analyses the impact of foreign direct investment (FDI) on the development of local firms. We focus on two likely effects of FDI: a competition effect which deters entry of domestic firms and positive market externalities which foster the development of local industry. Using a simple...

This paper analyses the link between regional inequalities and GDP per capita at the country-level. Our starting hypothesis is that the evolution of regional inequalities should follow a bell-shaped curve as national GDP per capita rises since growth by its very nature is unlikely to appear...

We study the coagglomeration of domestic plants and foreign multinationals and the impact of this on domestic plant productivity and employment using data for Irish manufacturing. Relying on a recently developed index we find that coagglomeration has been important for a number of industries....

Despite a growing number of empirical studies on efficiency spillovers arising from the presence of multinational firms for a number of countries, general conclusions on this issue have been inhibited by differences in the data sets and estimation techniques used across studies. In this paper we...

This paper analyses empirically the link between regional inequalities and economic development. Our starting hypothesis in this regard is that the evolution of regional inequalities should follow a bell-shaped curve depending on the level of national economic development since growth by its...

We study the pattern of concentration of industries in EU countries and regions between 1972 and 1995. We find that changes in concentration levels were mainly due to industry mobility rather than historical accidents and past levels of concentration as often argued by the New Economic Geography...

We examine the importance of a firm's own R&D activity and intra-sectoral spillovers on the decision to export and the export intensity using firm level panel data for Spain for the period 1990 to 1998. Our results are in line with preceding findings on the role played by firm-specific variables...

In this paper we extend the Bahk and Gort (1993) (Journal of Political Economy, <Emphasis Type="Bold">101, 561–583) approach of testing for the impact of learning by doing (LBD) on firm productivity using data on a panel of Spanish manufacturing firms. Specifically, we show that support for firm specific LBD and...</emphasis>