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Foreign investment, corporate ownership, and development: are firms in emerging markets catching up to the world standard?
- 1.0385318 - NHU-C 2013 RIV US eng J - Journal Article
Sabirianova Peter, K. - Švejnar, Jan - Terrell, K.
Foreign investment, corporate ownership, and development: are firms in emerging markets catching up to the world standard?
Review of Economics and Statistics. Roč. 94, č. 4 (2012), s. 981-999. ISSN 0034-6535. E-ISSN 1530-9142
R&D Projects: GA ČR GAP402/10/2130
Institutional support: PRVOUK-P23
Keywords : panel-data * transition economies * privatization
Subject RIV: AH - Economics
Impact factor: 2.346, year: 2012
Economic development implies that the efficiency of firms in developing countries starts approaching that of firms from advanced economies. Various development policies have been pursued to achieve this convergence. We test for this convergence in two economies that represent alternative models of implementing market-oriented development policies: the Czech Republic and Russia.
Permanent Link: http://hdl.handle.net/11104/0215667
Number of the records: 1