Are foreign owned firms more productive? Evidence from Swedish firm data

Patrik Karpaty

No 2004:6, Working Papers from Örebro University, School of Business

Abstract: This paper analyzes the difference between foreign and domestic ownership of firms with respect to productivity.

The analysis is performed using a panel of firm data from Statis- tics Sweden, covering the entire manufacturing sector in the 1990:s. First we show that, other things equal, foreign-owned firms have higher labor productivity as well as total factor productivity than domestic firms. We also find that Swedish multinational firms are as productive as foreign-owned firms. Then we show that the rate of growth in productivity is higher in foreign-owned firms. We find no evidence for reverse causality.

Keywords: Foreign ownership; productivity (search for similar items in EconPapers)
JEL-codes: F23 (search for similar items in EconPapers)
Pages: 32 pages
Date: 2004-10-13
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:oruesi:2004_006

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