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Determinants of FDI in Czech Manufacturing Industries
, 2009
"... Prague, Czech Republic. The papers are peer reviewed, but they are not edited or formatted by the editors. The views expressed in documents served by this site do not reflect the views of the IES or any other Charles University Department. They are the sole property of the respective ..."
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Prague, Czech Republic. The papers are peer reviewed, but they are not edited or formatted by the editors. The views expressed in documents served by this site do not reflect the views of the IES or any other Charles University Department. They are the sole property of the respective
Working Paper Series #2009-023 Multinational enterprises, development and globalisation: Some clarifications and a research agenda
"... clarifications and a research agenda ..."
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domestic business cycles
, 2009
"... Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single mark ..."
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Based on the empirical firm growth literature and on heterogeneous (microeconomic) adjustment models, this paper empirically investigates the impact of European industry fluctuations and domestic business cycles on the growth performance of European firms. Since the implementation of the Single market program (SMP) the EU 27 member states share a common market. Accordingly, the European industry business cycle is expected to become a more influential predictor of European firms ’ behavior at the expense of domestic fluctuations. Empirically, the results of a two-part model for a sample of European manufacturing firms reject this hypothesis. Additionally, subsidiaries of Multinational Enterprises (MNEs) constitute the most stable firm cohort throughout the observed business cycle.
How the European Union Gained Competence over Foreign Direct Investment
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text may be downloaded only for personal research purposes. Additional reproduction for other purposes, whether in hard copies or electronically, requires the consent of the author(s), editor(s). If cited or quoted, reference should be made to the full name of the author(s), editor(s), the title, the working paper, or other series, the year and the publisher.
DO SPILLOVER BENEFITS GROW WITH RISING FOREIGN DIRECT INVESTMENT? AN EMPIRICAL EXAMINATION OF THE
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Does FDI
"... cause development? The ambiguity of the evidence and why it matters ..."
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