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Firm Performance and Foreign Direct Investment: Evidence from Transition Economies

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Author Info
Mahmut Yasar () (Department of Economic, University of Texas at Arlington)
Catherine J. Morrison Paul () (Department of Agricultural and Resource Economics, University of California, Davis)

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Abstract

Firm Performance and Foreign Direct Investment: Evidence from Transition EconomiesMahmut Yasar, University of Texas at Arlington, andCatherine J. Morrison Paul, University of California, Davis*AbstractWe evaluate the performance of foreign-owned versus domestic firms, and the spillover effects of industry foreign share for five transition economies, namely Poland, Moldova, Tajikistan, Uzbekistan, and the Kyrgyz Republic. We find higher productivity, capital intensity, export and import shares, employment, and wages for firms with foreign ownership. Further, we find that industry presence of foreign affiliates of multinational firms leads to performance improvements for domestic firms; that is, spillovers from foreign firms benefit domestic firms in these transition economies.

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File URL: http://economicsbulletin.vanderbilt.edu/2007/volume15/EB-07O50003A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 15 (2007)
Issue (Month): 21 ()
Pages: 1-11
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Handle: RePEc:ebl:ecbull:v:15:y:2007:i:21:p:1-11

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Related research
Keywords: Eastern Europe and Central Asia; firm performance; foreign direct investment; spillovers; transition economies;

Find related papers by JEL classification:
O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies
F1 - International Economics - - Trade

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This page was last updated on 2009-12-12.


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