We quantify the effect of foreign investment on productivity of acquired firms using a new firm-level database that … score matching; and to control for selection on unobserved fundamentals, we include country- sector trends. The productivity …

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 …

productivity gains for domestic firms. The size of FDI spillovers is economically important, accounting for about 14% of … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for imports-related spillovers, but it …

(FDI) between 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity … productivity growth in U.S. firms between 1987 and 1996. In addition, there is some evidence for import-related spillovers, but it …

The paper surveys the literature on the effects of finance on productivity growth. In both the theoretical and … growth. Clearer positive effects emerge when considering growth channels related to productivity dynamics, with the estimated …