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When Does FDI Have Positive Spillovers? Evidence from 17 Emerging Market Economies
(2008-10-17)
We use firm-level data and national input-output tables from 17 countries over the 2002-2005period to test new and existing hypotheses about the impact of foreign direct investment (FDI)on the efficiency of domestic firms ...
Foreign Investment, Corporate Ownership, and Development: Are Firms in Emerging Markets Catching Up to the World Standard?
(2008-10-16)
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in advanced economies. We examine the extent of this convergence in the Czech Republic and
Russia, economies ...