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Blessing or curse? : domestic plants survival and employment prospects after foreign acquisition

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dc.creator Girma, Sourafel
dc.creator Görg, Holger
dc.date 2001
dc.date.accessioned 2013-10-16T06:02:29Z
dc.date.available 2013-10-16T06:02:29Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/2708
dc.identifier ppn:343805758
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/2708
dc.description This paper investigates whether the acquisition of a domestic establishment by a foreign owner has any effects, positive or negative, on the survival prospects and employment growth of that plant. The empirical analysis uses data from the Annual Respondents Database (ARD) for the UK electronics industry for the period 1980 to 1993. Estimating a standard hazard model including a dummy variable for the incidence of acquisition yields the result that foreign takeover reduces the lifetime of the acquired plant. Estimations of the determinants of employment growth in domestic plants provide some evidence that the incidence of takeover reduces employment growth, in particular for unskilled labour. Both survival and employment growth estimations do not appear to be subject to endogeneity problems.
dc.language eng
dc.publisher Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham Nottingham
dc.relation Research paper / Leverhulme Centre for Research on Globalisation and Economic Policy 2001,18
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Direktinvestition
dc.subject Elektronikindustrie
dc.subject Beschäftigungseffekt
dc.subject Großbritannien
dc.title Blessing or curse? : domestic plants survival and employment prospects after foreign acquisition
dc.type doc-type:workingPaper


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