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' productivity and technology transfer. We ask the following research questions: First, what is the nature of the relationship … between political connection and productivity, and does this relationship explain firms' productivity and innovation efforts … negative effects on their total factor productivity and research and development expenditure from their political connections …
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The paper examines the foreign direct investment (FDI) spillover effects in developing countries and investigates the importance of the absorptive capacity of a firm and a country in realizing and facilitating FDI spillover. It uses data obtained from the World Bank's Enterprise Surveys for 107...
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Exchange rate volatility has been identified as one of the drivers of export diversification. Previous studies have assumed a symmetric relationship between the two variables. However, because volatility could be positive or negative and economic agents react to these changes differently, recent...
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