Efficiency and Ownership Structure: The Case of Poland

Arbeitspapier

We examine the effects of foreign entry on productive efficiency during the Polish investment liberalization. The performance of foreign acquisitions is compared to foreign firms entering the market through greenfield entry, as well as domestic acquisitions of privatized firms, domestic greenfields and remaining state-owned (non-privatized) firms during the period 1995-2000. We find that foreign privatized firms have realized larger productivity gains than all types of domestic firms and that this is not due to higher price-cost margins, which is consistent with the idea that foreign firms bring in firm-specific knowledge. Foreign greenfields have the highest average labour productivity, while foreign privatizations show the largest productivity increase.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFN Working Paper ; No. 703

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multinational Firms; International Business ; Wage Level and Structure; Wage Differentials
• Thema: Privatizations ; M As ; FDI ; Foreign Ownership ; Productivity ; Direktinvestition ; Privatisierung ; Übernahme ; Produktivität ; Polen

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Modén, Karl-Markus ; Norbäck, Pehr-Johan ; Persson, Lars
• Ereignis: Veröffentlichung
• (wer): Research Institute of Industrial Economics (IFN)
• (wo): Stockholm
• (wann): 2007

Weitere Informationen

• Handle: http://hdl.handle.net/10419/81258
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ