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We revisit the puzzle regarding the role of Multinational Enterprises (MNEs) on Total Factor Productivity (TFP) of domestic firms by drawing attention to foreign ownership structure. First, we differentiate between market share (MS) due to competition effects and knowledge agglomeration gains...
Persistent link: https://www.econbiz.de/10015237102
This paper explores the relative effects of Multinational Enterprises’ (MNEs) subsidiaries to domestic firms (DOMS) on regional productivity growth in the UK. We combine regional and firm level data to explore the relative importance of three key characteristics of Multinational Enterprises’...
Persistent link: https://www.econbiz.de/10015249884
The paper explores the effects of Multinational Enterprises (MNEs) and Domestic Enterprises (DOMEs), respectively, on regional productivity in the case of UK regions. Our empirical evidence shows that the more intensive in terms of R&D and intangibles MNEs, have a stronger effect on regional...
Persistent link: https://www.econbiz.de/10015259461