Artikel

Does accession to the EU affect firms' productivity?

Firms in the new EU member states of Eastern Europe are more productive than those in other transition economies, but with a diminishing advantage. The least productive firms benefit the most from membership, although the situation is reversed in the case of foreign-owned firms. Foreign direct investment fails to promote knowledge and technology spillovers beyond the receiving firms. The dominance of multinational enterprises in the new EU member states enhances the threat of corporate state capture and asymmetric infrastructure development, whilst access to finance remains a constricting issue for all firms.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2019 ; Bonn: Institute of Labor Economics (IZA)

Klassifikation
Wirtschaft
Other Economic Systems: International Trade, Finance, Investment and Aid
Thema
institutions
state capture
foreign direct investment (FDI)
access to finance

Ereignis
Geistige Schöpfung
(wer)
Hӧlscher, Jens
Howard-Jones, Peter
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2019

DOI
doi:10.15185/izawol.458
Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Hӧlscher, Jens
  • Howard-Jones, Peter
  • Institute of Labor Economics (IZA)

Entstanden

  • 2019

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