Vortrag von Prof. Dr. Krisztina Kis-Katos am 12.07.2018: „Foreign investment regulation and firm productivity: Granular evidence from Indonesia“

Im Rahmen des Forschungskolloquiums des Instituts für Wirtschaftswissenschaften der Universität Freiburg möchten wir Sie herzlich zum Vortrag von

Prof. Dr. Krisztina Kis-Katos

(Georg-August-Universität Göttingen)

über das Thema

Foreign investment regulation and firm productivity: Granular evidence from Indonesia

einladen.

Der Vortrag findet am Donnerstag, 12. Juli 2018, 12:00 Uhr s.t. in Raum 206 (Breisacher Tor) statt.

Abstract:

Using a yearly census of Indonesian manufacturing firms for 2000 to 2014, we link a protectionist foreign direct investment (FDI) policy reform to foreign investment shares and firm productivity. The so-called negative investment list regulates FDI at a high sectoral granularity and has been repeatedly revised throughout time. Controlling for an extensive set of fixed effects as well as potential drivers of regulation, we find that limitations on FDI (and especially the sector-wide FDI bans) have reduced both foreign capital shares and firm productivity. We also document negative backward productivity spillovers of regulation that propagate throughout the value chain.