Characteristics of Foreign-Owned Firms in British Manufacturing
AbstractThis paper describes the characteristics of manufacturing establishments in Britain over the period 1980 to 1996, paying particular attention to differences between establishments of different ownership nationalities. The findings suggest that establishments that are always foreign-owned have significantly higher labour productivity than those that remain under domestic ownership. In addition, labour productivity improves faster over time and faster with age in foreign-owned establishments. The difference in labour productivity is matched by an equivalent difference in levels of investment per employee. Establishments that change ownership nationality do not seem to experience very large changes in labour productivity levels. The proportion of skilled workers in the workplace, and wages for both skilled and operative workers are higher in foreign-owned establishments than domestic-owned, in line with differences in labour productivity.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 9573.
Date of creation: Mar 2003
Date of revision:
Publication status: published as Rachel Griffith, Helen Simpson. "Characteristics of Foreign-Owned Firms in British Manufacturing," in David Card, Richard Blundell and Richard B. Freeman, editors, "Seeking a Premier Economy: The Economic Effects of British Economic Reforms, 1980-2000" University of Chicago Press (2004)
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Other versions of this item:
- Rachel Griffith & Helen Simpson, 2004. "Characteristics of Foreign-Owned Firms in British Manufacturing," NBER Chapters, in: Seeking a Premier Economy: The Economic Effects of British Economic Reforms, 1980-2000, pages 147-180 National Bureau of Economic Research, Inc.
- Rachel Griffith & Helen Simpson, 2001. "Characteristics of foreign-owned firms in British manufacturing," IFS Working Papers W01/10, Institute for Fiscal Studies.
- D2 - Microeconomics - - Production and Organizations
- F2 - International Economics - - International Factor Movements and International Business
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-03-25 (All new papers)
- NEP-COM-2003-03-25 (Industrial Competition)
- NEP-HIS-2003-03-25 (Business, Economic & Financial History)
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