Abstract
We study the link between global integration and productivity using firm-level data from a large sample of countries around the world. In particular, we focus on the role of foreign ownership and find that, in fact, firms that are globally integrated have higher labor productivity
although this is not necessarily reflected in higher total factor productivity. When applying an instrumental variables approach we find analogous results. We conclude by pointing out that globalization and foreign ownership impact non-OECD countries differently from OECD
countries as only the former shows a positive and statistically significant link with productivity.
although this is not necessarily reflected in higher total factor productivity. When applying an instrumental variables approach we find analogous results. We conclude by pointing out that globalization and foreign ownership impact non-OECD countries differently from OECD
countries as only the former shows a positive and statistically significant link with productivity.
Original language | English |
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Title of host publication | Business & management |
Subtitle of host publication | Framing compliance and dynamics |
Pages | 339-360 |
State | Published - 2017 |
Event | BUSINESS & MANAGEMENT: FRAMING COMPLIANCE AND DYNAMICS - Vietnam Duration: 1 Nov 2017 → 1 Nov 2017 |
Conference
Conference | BUSINESS & MANAGEMENT: FRAMING COMPLIANCE AND DYNAMICS |
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Period | 1/11/17 → 1/11/17 |