Foreign Ownership and Firm Survival: First Evidence for Enterprises in Germany
Joachim Wagner () and
John P. Weche
No 6207, IZA Discussion Papers from Institute of Labor Economics (IZA)
This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using unique tailor-made new representative data that merge information from surveys performed by the Statistical Offices, from administrative data collected by the Tax Authorities and from a commercial data provider. It contributes to the literature by providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit for foreign owned firms in West Germany but not in East Germany.
Keywords: firm survival; foreign ownership; Germany (search for similar items in EconPapers)
JEL-codes: F23 L60 (search for similar items in EconPapers)
Pages: 35 pages
New Economics Papers: this item is included in nep-bec and nep-eff
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Published in: International Economics / Economie Internationale, 2012, 132 (Q4), 117-139
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Journal Article: Foreign Ownership and Firm Survival: First Evidence for Enterprises in Germany (2012)
Working Paper: Foreign Ownership and Firm Survival: First evidence for enterprises in Germany (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp6207
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