Conyon, Martin and Girma, S and Thompson, S and Wright, P (2002) The Productivity and Wage Effects of Foreign Acquisition in the United Kingdom. Journal of Industrial Economics, 50 (1). pp. 85-102.Full text not available from this repository.
This paper provides a systematic empirical analysis of the impact of foreign ownership on productivity and wages in the United Kingdom. Using a specially constructed database for the period 1989–1994, it uses ownership change (acquisition) to control for unobserved differences between plants. It finds that foreign firms pay equivalent employees 3.4% more than domestic firms, though this is wholly attributable to their higher levels of productivity. Firms which are acquired by foreign companies exhibit an increase in labour productivity of 13%.
|Journal or Publication Title:||Journal of Industrial Economics|
|Subjects:||H Social Sciences > HF Commerce > HF5601 Accounting|
|Departments:||Lancaster University Management School > Accounting & Finance|
|Deposited On:||26 Jun 2012 10:09|
|Last Modified:||26 Jul 2012 20:20|
Actions (login required)