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Extant studies examine the role of financial constraints on the international activity of the firms. However, they are mostly focused on the manufacturing sector, traditionally perceived as tradable. The literature recently recognized the growing role of service sector in international trade,...
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- internal R&D and external R&D acquisition - on productivity in the manufacturing and service industries. The sample comprises a … from lower to higher conditional quantiles. First, the effect of the marginal effect of internal R&D on productivity in … both sectors decreased as we moved up to higher productivity levels. Second, the marginal effect of external R …
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The relationship between economic structure and productivity growth has been a subject of increasing interest over …. Traditionally, productivity has been introduced as explaining factor of tertiarization processes in advanced economies, while it has … been simultaneously assessed that services display lower productivity levels and growth rates than other economic …
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The paper accounts for the determinants of inward foreign direct investment in business services across the EU-27 regions. Together with the traditional variables considered in the literature (market size, market quality, agglomeration economies, labour cost, technology, human capital), we focus...
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