Is Hiring Foreign Worth It? Spillover from Foreign Firms’ Human Capital and Local Firms’ Productivity

Foreign Capital and Local Firms: The Effect of Foreign Ownership and Management on Corporate Performance

Despite the political sensitivity of foreign capital, existing work on the effect of foreign capital at the firm level is slim. This paper examines the effect of foreign equity ownership and management on firm performance using a panel of Korean firms for the period of 1993-2007 when foreign capital inflows increased dramatically. Empirical results show that foreign equity ownership positively ...

Entry of Foreign Multinational Firms and Productivity Growth of Domestic Firms: The case of Japanese firms

This paper examines whether and how the entry of foreign multinational firms affects productivity growth of domestically owned firms, using Japanese firm-level data for the period 2000-2007. Although there are a considerable number of studies conducting productivity analyses on foreign multinationals and domestic firms for the manufacturing sector, there are few such studies for the service sec...

Exports , foreign direct investments and productivity : Are services firms different ?

This paper contributes to the literature on international firm activities and firm performance by providing the first evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly developed country. It uses unique new data from Germany one of the leading actors on the world market for services that merge information from regular survey...

Do Foreign Firms Bring Greater Total Factor Productivity to Japan?

Foreign multinationals, selection of local firms, and regional productivity in Indonesia