Academic Journal
Foreign Ownership, Selection, and Productivity ∗
| العنوان: | Foreign Ownership, Selection, and Productivity ∗ |
|---|---|
| المؤلفون: | Christian Fons-rosen, Sebnem Kalemli-ozcan, Bent E. Sørensen, Carolina Villegas-sanchez, Vadym Volosovych, Jel E |
| المساهمون: | The Pennsylvania State University CiteSeerX Archives |
| المصدر: | http://www.ecb.europa.eu/home/pdf/research/compnet/20140630/Fons_Rosen_paper.pdf. |
| سنة النشر: | 2014 |
| المجموعة: | CiteSeerX |
| مصطلحات موضوعية: | Multinationals, Selection, Productivity |
| الوصف: | Using a unique firm level panel data set from several advanced countries, we show that both financial (private equity, banks, hedge funds) and industrial foreign investors select high productivity manufacturing firms in line with the predictions of FDI/trade models. We investigate the effect of foreign direct investment (FDI) on the productivity of target firms and we utilize the similarity of financial and industrial firms in the selection of target firms to control for endogenous selection on unobservables. We find that firms which receive FDI display small increases in productivity, although these become visible only with a lag of several years. |
| نوع الوثيقة: | text |
| وصف الملف: | application/pdf |
| اللغة: | English |
| Relation: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.434.7292; http://www.ecb.europa.eu/home/pdf/research/compnet/20140630/Fons_Rosen_paper.pdf |
| الاتاحة: | http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.434.7292 http://www.ecb.europa.eu/home/pdf/research/compnet/20140630/Fons_Rosen_paper.pdf |
| Rights: | Metadata may be used without restrictions as long as the oai identifier remains attached to it. |
| رقم الانضمام: | edsbas.20E88825 |
| قاعدة البيانات: | BASE |
| الوصف غير متاح. |