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Whether a firm is able to attract foreign capital and whether it may participate at the export market depends on whether the fixed costs associated with doing so are at least covered by the incremental operating profits. This paper provides evidence that success for some firms in attracting...
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's productivity when FDI (foreign direct investment) is a carrier of new technology. Using 1992 firm-level survey data in China, I …'s training both significantly raise a firm's TFP (total factor productivity) growth, just as Parente and Prescott hypothesized, 2 …-owned firms in China are unlikely to train local workers. Instead, they import intermediate inputs from their home countries …
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We construct a static computable general equilibrium (CGE) model to quantify the endogenous productivity spillovers …
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. Using data on 29 manufacturing industries over the period from 1993 to 1998 in the Shenzhen Special Economic Zone of China … growth rate of productivity of manufacturing industries, and domestic sectors are the main beneficiaries. We also find that …
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