Multinationals and U.S. Productivity Leadership: Evidence from Great Britain

Chiara Criscuolo and Ralf Martin

The Review of Economics and Statistics, 2009, vol. 91, issue 2, 263-281

Abstract: We study the productivity of U.S. and other foreign-owned plants in the United Kingdom. Using a new data set that can identify for the first time domestic U.K. MNEs in such a study, we find that U.K. MNEs are less productive than U.S. affiliates, but as productive as non-U.S. foreign affiliates. Exploiting dynamic variation in our data, we find evidence suggesting that this additional U.S. advantage is due to the takeover of already highly productive U.K. plants rather than the sharing of superior firm-specific assets. The study also features a novel approach to TFP calculation. Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (106)

Downloads: (external link)
http://www.mitpressjournals.org/doi/pdf/10.1162/rest.91.2.263 link to full text (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Multinationals and US Productivity Leadership: Evidence from Great Britain (2005)
Working Paper: Multinationals and US productivity leadership: evidence from Great Britain (2005)
Working Paper: Multinationals and U.S. Productivity Leadership: Evidence from Great Britain (2004)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:restat:v:91:y:2009:i:2:p:263-281

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by The MIT Press ().