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In this paper, we develop a politico-economic model to analyze the relationship between the mode of international investment and institutional quality in a non-democratic capital importing country. Foreign investors from a capital-rich North can either purchase productive assets in a...
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main results are: (i) Exporting is positively correlated with markups; (ii) Importing intermediate inputs and outsourcing …
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main results are: (i) Exporting is positively correlated with markups; (ii) Importing intermediate inputs and outsourcing …
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We investigate whether firms' "global engagement", either in the form of exporting or opening up affiliates abroad, is … structured management is in a given firm. We find that switching into exporting, and to a lesser degree opening up affiliates …
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