Foreign Ownership and Productivity in Polish Industry: The Case of Polish Manufacturing, 1993-2002
This 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.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 44 (2006)
Issue (Month): 5 (October)
|Contact details of provider:|| Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106044 |
When requesting a correction, please mention this item's handle: RePEc:mes:eaeuec:v:44:y:2006:i:5:p:38-71. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Nguyen)The email address of this maintainer does not seem to be valid anymore. Please ask Chris Nguyen to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.