IDEAS home Printed from https://ideas.repec.org/p/boc/usug02/6.html
   My bibliography  Save this paper

A note on ownership and productivity in UK businesses

Author

Listed:
  • Ralf Martin

    (UK Office for National Statistics)

  • Chiara Criscuolo

Abstract

A series of studies in a number of countries have found that foreign-owned firms are more productive than domestic firms. However, almost all this work compares foreign firms - which are, by definition, multinationals - with all domestic firms. This paper analyses for the first time in the UK the relative productivity performance of foreign-owned manufacturing firms and UK manufacturing firms split into UK Multinationals and UK pure domestic firms. This was not possible before because none of the datasets used for productivity analysis distinguished between domestic multinational and non-multinational firms. We are able to make such a distinction. Our results suggest that the foreign productivity advantage is by and large a multinational effect. US multinational firms, however, seem to maintain a productivity advantage with respect to both other foreign-owned firms and domestic multinational firms. Interestingly, this UK result mirrors and extends results for the US by Doms and Jensen. We use Stata to deal with changes in raw data files in a consistent manner and to link together data about the same units collected at different levels of aggregation in a sensible way in order to do econometric analysis.

Suggested Citation

  • Ralf Martin & Chiara Criscuolo, 2002. "A note on ownership and productivity in UK businesses," United Kingdom Stata Users' Group Meetings 2002 6, Stata Users Group.
    • Handle: RePEc:boc:usug02:6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Giovanni Peri & Dieter Urban, 2002. "The Veblen-Gerschenkron Effect of FDI in Mezzogiorno and East Germany," Development Working Papers 164, Centro Studi Luca d'Agliano, University of Milano.
    2. David Greenaway & Alessandra Guariglia & Zhihong Yu, 2014. "The more the better? Foreign ownership and corporate performance in China," The European Journal of Finance, Taylor & Francis Journals, vol. 20(7-9), pages 681-702, September.
    3. Peri, Giovanni & Urban, Dieter, 2006. "Catching-up to foreign technology? Evidence on the "Veblen-Gerschenkron" effect of foreign investments," Regional Science and Urban Economics, Elsevier, vol. 36(1), pages 72-98, January.
    4. Juan Carluccio & Thibault Fally, 2008. "Multinationals, technological incompatibilities and spillovers," Working Papers halshs-00586040, HAL.
    5. Griffith, Rachel & Redding, Stephen & Simpson, Helen, 2002. "Productivity Convergence and Foreign Ownership at the Establishment Level," CEPR Discussion Papers 3765, C.E.P.R. Discussion Papers.
    6. Carluccio, Juan & Fally, Thibault, 2013. "Foreign entry and spillovers with technological incompatibilities in the supply chain," Journal of International Economics, Elsevier, vol. 90(1), pages 123-135.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:boc:usug02:6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F Baum (email available below). General contact details of provider: https://edirc.repec.org/data/stataea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.