Foreign ownership and productivity dynamics
AbstractIn 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.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 79 (2003)
Issue (Month): 2 (May)
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Other versions of this item:
- Koen De Backer & Leo Sleuwaegen, 2002. "Foreign ownership and productivity dynamics," Vlerick Leuven Gent Management School Working Paper Series 2002-13, Vlerick Leuven Gent Management School.
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