全球智库信息集成服务系统(G2TT): DP6909 Endogenous Borders? Exploring a Natural Experiment on Border Effects

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP6909
	DP6909 Endogenous Borders? Exploring a Natural Experiment on Border Effects
	Nikolaus Wolf; Max-Stephan Schulze; Hans Christian Heinemeyer
发表日期	2008-07-15
出版年	2008
语种	英语
摘要	During the past two decades many economies have opened their retail sector to foreign direct investment, yet little is known about possible implications of such liberalization on the economies of developing host countries. Using firm-level data from Romania, this study examines how the presence of global retail chains affects firms in the supplying industries. Applying a difference-in-differences method, the econometric analyses yield the following conclusions. The expansion of global retail chains leads to a significant increase in the total factor productivity in the supplying industries. Their presence in a region increases the total factor productivity of firms in the supplying industries by 15.2 percent and doubling the number of chains leads to a 10.8 percent increase in total factor productivity. However, the expansion benefits larger firms the most and has a much smaller impact on small enterprises. This conclusion is robust to several extensions and specifications, including the instrumental variable approach. These results suggest that the opening of the retail sector to foreign direct investment may stimulate productivity growth in upstream manufacturing and extend our understanding of foreign direct investment in service sectors.
主题	International Trade and Regional Economics
关键词	Backward linkages Global retail chains Productivity Romania
URL	https://cepr.org/publications/dp6909
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/535745
推荐引用方式 GB/T 7714	Nikolaus Wolf,Max-Stephan Schulze,Hans Christian Heinemeyer. DP6909 Endogenous Borders? Exploring a Natural Experiment on Border Effects. 2008.