Outward FDI and Domestic Input Distortions: Evidence from Chinese Firms
We examine how domestic distortions affect firms' production strategies abroad by documenting two puzzling findings using Chinese firm-level data of manufacturing firms. First, private multinational corporations (MNCs) are less productive than state-owned MNCs, but they are more productive than...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Oxford University Press
2019
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Subjects: | |
Online Access: | View Fulltext in Publisher |