| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP5052
|
| DP5052 Should Uniform Pricing Contraints be Imposed on Entrants? |
| Steffen Hoernig
|
| 发表日期 | 2005-05-23
|
| 出版年 | 2005
|
| 语种 | 英语
|
| 摘要 | This paper uses micro data from the Indonesian Census of Manufacturing to analyse the causal relationship between foreign ownership and plant productivity. To control for the possible endogeneity of the FDI decision, a difference-in-differences approach is combined with propensity score matching. An advantage of this method, which has not been previously applied in this context, is the ability to follow the timing of observed changes in productivity and other aspects of plant performance. The results suggest that foreign ownership leads to significant productivity improvements in the acquired plants. The improvements become visible in the acquisition year and continue in subsequent periods. After three years, the acquired plants outperform the control group in terms of productivity by 34 percentage points. The data also suggest that the rise in productivity is a result of restructuring, as acquired plants increase investment outlays, employment and wages. Foreign ownership also appears to enhance the integration of plants into the global economy through increased exports and imports. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Foreign direct investment
Productivity
Acquisition
|
| URL | https://cepr.org/publications/dp5052
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533949
|
推荐引用方式
GB/T 7714 |
Steffen Hoernig. DP5052 Should Uniform Pricing Contraints be Imposed on Entrants?. 2005.
|
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