We use industry-level data for OECD countries and investigate the importance of horizontal and vertical spillovers from multinationals. There is evidence for spillovers through backward linkages for all countries. This effect is much higher for CEEC than other OECD countries.

The paper assesses perceived job insecurity as a determinant of current subjective well-being and demonstrates that standard models may yield significantly downward biased estimates.

We ask whether production related subsidies have a role to play in explaining Chinesefirms' export performance. We, firstly, implement an estimation approach that allows for both direct and indirect ("spillover") effects of the subsidy on the probability to export. Secondly, our approach enables...

This paper, for the first time, investigates the impact of foreign acquisitions on German manufacturing firms using, newly available unique administrative micro data spanning 25 years. Based on an event study design combined with propensity score matching techniques, we find that foreign...