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Foreign Ownership and Firm Survival: First evidence for enterprises in Germany

Author

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  • Joachim Wagner

    (Institute of Economics, Leuphana University of Lüneburg, Germany)

  • John P. Weche Geluebcke

    (Institute of Economics, Leuphana University of Lüneburg, Germany)

Abstract

This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using unique tailor-made new representative data that merge information from surveys performed by the Statistical Offices, from administrative data collected by the Tax Authorities and from a commercial data provider. It contributes to the literature by providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit for foreign owned firms in West Germany but not in East Germany.

Suggested Citation

  • Joachim Wagner & John P. Weche Geluebcke, 2011. "Foreign Ownership and Firm Survival: First evidence for enterprises in Germany," Working Paper Series in Economics 221, University of Lüneburg, Institute of Economics.
  • Handle: RePEc:lue:wpaper:221
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    More about this item

    Keywords

    Foreign ownership; firm survival; Germany;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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