Paper #617

Título:

Foreign ownership and productivity dynamics

Autor:

Koen de Backer

Data:

Mayo 2002

Resumen:

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.

Palabras clave:

Multinational firms, productivity, firm heterogeneity

Códigos JEL:

F23, L10, M20

Área de investigación:

Macroeconomía y Economía Internacional

Publicado en:

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

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