Ashraf, Ayesha; Carril-Caccia, Federico; Doytch, Nadia - In: Borsa Istanbul Review 24 (2024) 3, pp. 607-617
-border merger and acquisition (M&A) purchases. The goal of the study is to test for reverse technological spillovers to the FDI … source country. The hypothesis is that OGFDI and M&As have different capabilities of carrying out reverse technological … spillovers, which would affect the TFP of home countries differently. We apply a two-step system generalized method of moments …
