(1) Department of Economics & Finance, University of Durham, 23–26 Old Elvet, Durham, DH1 3HY, U.K.;(2) National Institute of Economic and Social Research, 2 Dean Trench Street, Smith Square, London, SW1P 3HE, U.K.
Abstract:
Review of Industrial Organization - There is a general assumption in much of the literature on FDI that foreign owned plants have higher productivity. The purpose of this paper is to answer the...