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The productivity and wage effects of foreign acquisition in the United Kingdom
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UNSPECIFIED (2002) The productivity and wage effects of foreign acquisition in the United Kingdom. JOURNAL OF INDUSTRIAL ECONOMICS, 50 (1). pp. 85-102. ISSN 0022-1821
Full text not available from this repository.Abstract
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%.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HG Finance H Social Sciences > HC Economic History and Conditions |
| Journal or Publication Title: | JOURNAL OF INDUSTRIAL ECONOMICS |
| Publisher: | BLACKWELL PUBL LTD |
| ISSN: | 0022-1821 |
| Date: | March 2002 |
| Volume: | 50 |
| Number: | 1 |
| Number of Pages: | 18 |
| Page Range: | pp. 85-102 |
| Publication Status: | Published |
| URI: | http://wrap.warwick.ac.uk/id/eprint/11195 |
Data sourced from Thomson Reuters' Web of Knowledge
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