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While countries make use of a wide range of policies to attract multinational firms, identifying the effect of such policies is difficult. Combining firm-level data on both the location of these firms' foreign affiliates and detailed service-specific information from Costa Rica's investment...
Persistent link: https://www.econbiz.de/10012509370
in the same region is associated with increasing productivity of local firms, especially in form of cross …
Persistent link: https://www.econbiz.de/10012230626
first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of foreign …
Persistent link: https://www.econbiz.de/10014064326
While countries make use of a wide range of policies to attract multinational firms, identifying the effect of such policies is difficult. Combining firm-level data on both the location of these firms’ foreign affiliates and detailed service-specific information from Costa Rica’s investment...
Persistent link: https://www.econbiz.de/10013229704
productivity, both theoretically and empirically. In the theoretical framework, we place Irarrazabal, Moxnes and Opromolla’s (2009 … monopolistically competitive firms and comparative advantage; and show that ex ante high average industry productivity triggered by … firm self-selection enhances ex post average industry productivity during the process of increase in FDI. Using Korean …
Persistent link: https://www.econbiz.de/10014154053
interactions between MP and trade. According to the model with MP, supply-side productivity shocks contributed to the collapse of … to shocks that affected aggregate productivity and were specific to multinationals in a few key headquarters countries …. The MP links significantly amplified the impact of these shocks on the rest of the world, which had a much greater impact …
Persistent link: https://www.econbiz.de/10014345178
Persistent link: https://www.econbiz.de/10011623757
overall affiliate sales. Although quantitatively important, this Export-Supporting FDI (ESFDI) activity has received little … is characterized by export-supporting distribution and service activities in the foreign market while production remains …
Persistent link: https://www.econbiz.de/10003870817
that incorporate multinational firms achieve tractability by assuming away export platforms - i.e. they do not allow … foreign affiliates of multinationals to export - or by ignoring fixed costs associated with foreign investment. I develop a … quantifiable multi-country general equilibrium model, which tractably handles multinational firms that engage in export platform …
Persistent link: https://www.econbiz.de/10010419811
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization. It is shown that investment of one company increases not only the incentive to invest in another country for every national competitor but for third country's companies as...
Persistent link: https://www.econbiz.de/10011476519