Surviving the crisis: Foreign multinationals vs domestic firms in Ireland
Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by the crisis, the paper asks whether there is a difference in the behaviour of foreign and domestic firms. One hypothesis is that foreign multinationals are less linked into the Irish economy, so more likely to leave once the economy is hit by a negative shock. The paper discusses background hypotheses before giving empirical evidence from firstly aggregate data, and secondly firm-level observations. The analysis of the latter suggests that foreign firms are not more likely to leave during the crisis than Irish firms. Some policy conclusions are offered in the paper.
|Date of creation:||Oct 2011|
|Contact details of provider:|| Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ.|
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Agarwal, Rajshree & Audretsch, David B, 2001. "Does Entry Size Matter? The Impact of the Life Cycle and Technology on Firm Survival," Journal of Industrial Economics, Wiley Blackwell, vol. 49(1), pages 21-43, March.
- Frances Ruane & Ali Ugur, 2005.
"Labour Productivity and Foreign Direct Investment in Irish Manufacturing Industry - A Decomposition Analysis,"
The Economic and Social Review,
Economic and Social Studies, vol. 36(1), pages 19-43.
- Frances Ruane & Ali U?ur, 2005. "Labour Productivity and Foreign Direct Investment in Irish Manufacturing Industry: A Decomposition Analysis," The Institute for International Integration Studies Discussion Paper Series iiisdp027, IIIS.
- Barry, F & Bradley, J, 1997.
""FDI and Trade : The Irish Host-Country Experience","
97/13, College Dublin, Department of Political Economy-.
- Robert E. Baldwin & Robert E. Lipsey & J. David Richards, 1998. "Geography and Ownership as Bases for Economic Accounting," NBER Books, National Bureau of Economic Research, Inc, number bald98-1, Enero.
- Yeaple, Stephen & Helpman, Elhanan & Melitz, Marc, 2004.
"Export versus FDI with Heterogeneous Firms,"
3229098, Harvard University Department of Economics.
- Robert E. Baldwin & Robert E. Lipsey & J. David Richardson, 1998. "Introduction to "Geography and Ownership as Bases for Economic Accounting"," NBER Chapters, in: Geography and Ownership as Bases for Economic Accounting, pages 1-8 National Bureau of Economic Research, Inc.
- Laura Alfaro & Andrés Rodriguez-Clare, 2004.
"Multinationals and Linkages: An Empirical Investigation,"
ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION,
ECONOMIA JOURNAL OF THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION, vol. 0(Spring 20), pages 113-169, January.
- Andres Rodriguez-Clare & Laura Alfaro, 2004. "Multinationals and Linkages: An Empirical Investigation," 2004 Meeting Papers 145, Society for Economic Dynamics.
- Dunne, Paul & Hughes, Alan, 1994. "Age, Size, Growth and Survival: UK Companies in the 1980s," Journal of Industrial Economics, Wiley Blackwell, vol. 42(2), pages 115-140, June.
- Dixit, A., 1988.
"Entry And Exit Decisions Under Uncertainty,"
91, Princeton, Department of Economics - Financial Research Center.
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:8596. 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: ()
If references are entirely missing, you can add them using this form.