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This paper explores the heterogeneity of international productivity spillover by applying spatial production models … with various weight matrices. Specifically, the direction and magnitude of productivity spillover through the channel of … findings are as follows: (i) international productivity spillovers are significantly heterogeneous, (ii) the G7 triggers …
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The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
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It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that this need not be the case if host country policies like taxation are taken into account. Furthermore, we examine the incentives the multinational and the host country have to...
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This paper analyzes the effects of a potential spillover on technology transfer of a multinational enterprise and on the host country policy. In particular, we examine how both parties' incentives can be controlled through the ownership structure in an international joint venture. In contrast to...
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' productivity and technology transfer. We ask the following research questions: First, what is the nature of the relationship … between political connection and productivity, and does this relationship explain firms' productivity and innovation efforts … negative effects on their total factor productivity and research and development expenditure from their political connections …
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