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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7333 |
DP7333 A Positive Theory of Unemployment Insurance and Employment Protection | |
Philippe De Donder; Vincent Anesi | |
发表日期 | 2009-06-23 |
出版年 | 2009 |
语种 | 英语 |
摘要 | This paper analyses the effect of foreign acquisition on survival probability and employment growth of target plant using data on Swedish manufacturing plants during the period 1993-2002. An improvement over previous studies is that we take into account firm level heterogeneity by separating the targeted plants into those within Swedish MNEs, Swedish exporting non-MNEs, and purely domestic firms before foreign takeover. The results, controlling for possible endogeneity of the acquisition dummy using an IV and propensity score matching approach suggest that acquisition by foreign owners increases the lifetime of the acquired plants only if the plant was an exporter. The effect differs depending on whether the acquisition is horizontal or vertical. We also find robust positive employment growth effects only for exporters, and only if the takeover is vertical, not horizontal. |
主题 | International Trade and Regional Economics |
关键词 | Acquisitions Employment growth Multinational enterprises Plant survival |
URL | https://cepr.org/publications/dp7333 |
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/536170 |
推荐引用方式 GB/T 7714 | Philippe De Donder,Vincent Anesi. DP7333 A Positive Theory of Unemployment Insurance and Employment Protection. 2009. |
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