We study the impact of FDI on the productivity of host-country firms. FDI has positive spillovers only when foreign and domestic firms use similar technologies. Channeling FDI to sectors where firms s
A fixed-effects model is employed to quantify the industry spillover effects of the 2008-2009 short-term shock in the coal industry. Two equations are used in this paper, one to show the changes in em
The data for this study consist of the daily opening, highest, lowest and closing prices of 10 industry indices, including the energy industry index (EII), raw material industry index (RMII), industri