Paper #617

Títol:

Foreign ownership and productivity dynamics

Autor:

Koen de Backer

Data:

Maig 2002

Resum:

In analyzing the distinctive contribution of foreign subsidiaries and domestic firms to productivity growth in aggregate Belgian manufacturing, this paper shows that foreign ownership is an important source of firm heterogeneity affecting productivity dynamics. Foreign firms have contributed disproportionately large to aggregate productivity growth, but more importantly reallocation processes differ significantly between the groups of foreign subsidiaries and domestic firms.

Paraules clau:

Multinational firms, productivity, firm heterogeneity

Codis JEL:

F23, L10, M20

Àrea de Recerca:

Macroeconomia i Economia Internacional

Publicat a:

Economics letters, Vol. 79, Issue 2, 177-183, May 2003

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