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We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in a unifying framework, taking interactions between firms...
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This paper investigates the dynamic aggregate response of firm investments to the approval of an IMF arrangement. Using … and Growth Trust (PRGT) financing matters for the path of investment. Following a GRA arrangement, investments start to …
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