Foreign Ownership and Productivity in Polish Industry: The Case of Polish Manufacturing, 1993-2002
AbstractThis paper studies the significance of foreign direct investment and its spillover effects in a transition country such as Poland, analyzing a unique cross-industry data set on foreign, domestic private, and domestic public companies. Aspects of foreign presence as a share of the whole industry are measured according to four criteria: foreign equity, sales, investment, and labor. The results show that the level of productivity of domestic private companies has increased steadily since 1994. A high share of foreign sales and foreign equity in the industry has a negative effect on the productivity of private companies, thus implying a crowding-out effect. No evidence has been found for association between productivity in domestic companies and foreign control over multinational enterprise affiliates, which may indicate tacit knowledge spillovers. Control variables, such as one year-lagged labor compensation and scale in domestic private and public companies, are positively associated with their productivities.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Eastern European Economics.
Volume (Year): 44 (2006)
Issue (Month): 5 (October)
Contact details of provider:
Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106044
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Elisa Giuliani & Chiara Macchi, 2013. "Multinational Corporations’ Economic And Human Rights Impacts On Developing Countries: A Review And Research Agenda," Discussion Papers 2013/158, Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy.
- Iwasaki, Ichiro & Tokunaga, Masahiro, 2013. "Spillover versus Ownership: A Meta-Analysis of Transition Literature," RRC Working Paper Series 42, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen).
If references are entirely missing, you can add them using this form.