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We examine the effect of foreign direct investment (FDI) on local firms’ productivity via human capital transfer from multinational enterprises (MNEs) to local firms. Using the firm-level data for 2010–2015 from the Republic of Korea, we identify human capital spillovers using local firms’...
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This study examines the effect of foreign direct investment (FDI) on local firms' productivity via human capital transfer from MNEs to local firms. Using the firm-level data for 2010-2015 from the Republic of Korea, we identify human capital spillovers using local firms' hired permanent foreign...
Persistent link: https://www.econbiz.de/10013256491
This study examines how foreign competition affects the capital structure of domestic firms, using Chinese firm-level data. We find that imports and inward foreign direct investment (FDI) have varying effects on a firm's leverage, indicating heterogeneity in the impact of different types of...
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