Foreign ownership and productivity dynamics
In analyzing the distinctive contribution of foreign subsidiaries and domestic firms to productivity growth in aggregate Belgian manufacturing, this paper shows that foreign ownership is an important source of firm heterogeneity affecting productivity dynamics. Foreign firms have contributed disproportionately large to aggregate productivity growth, but more importantly reallocation processes differ significantly between the groups of foreign subsidiaries and domestic firms.
- Universitat Pompeu Fabra Spain
productivity, multinational firms, firm heterogeneity, Macroeconomics and International Economics, Multinational firms, productivity, firm heterogeneity, jel: jel:L10, jel: jel:M20, jel: jel:F23
productivity, multinational firms, firm heterogeneity, Macroeconomics and International Economics, Multinational firms, productivity, firm heterogeneity, jel: jel:L10, jel: jel:M20, jel: jel:F23
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