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.
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Royal Economic Society, vol. 107(445), pages 1798-1811, November.
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"Export versus FDI with Heterogeneous Firms,"
3229098, Harvard University Department of Economics.
- 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
- 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.
- Dixit, Avinash K, 1989.
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University of Chicago Press, vol. 97(3), pages 620-38, June.
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