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-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration … efficiency decline within other firms (losses from domestic input availability). At the same time, FDI integration of input …
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-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration … efficiency decline within other firms (losses from domestic input availability). At the same time, FDI integration of input …
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Do multinational firms wield more market power than their domestic counterparts? Using Hungarian firm-level data between 1993 and 2007, we find that markups are 19 percent higher for foreign-owned firms than for domestically owned firms. Moreover, markups for domestically owned firms are...
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