Arbeitspapier

Surviving the crisis: Foreign multinationals vs domestic firms in Ireland

Starting from the observation that all firms in Ireland (foreign and domestic in manufacturing and services industries) were hit by the crisis, the paper asks whether there is a difference in the behaviour of foreign and domestic firms. One hypothesis is that foreign multinationals are less linked into the Irish economy, so more likely to leave once the economy is hit by a negative shock. The paper discusses background hypotheses before giving empirical evidence from firstly aggregate data, and secondly firm-level observations. The analysis of the latter suggests that foreign firms are not more likely to leave during the crisis than Irish firms. Some policy conclusions are offered in the paper.

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 5882

Classification
Wirtschaft
Subject
financial crisis
firm survival
Ireland

Event
Geistige Schöpfung
(who)
Godart, Olivier
Görg, Holger
Hanley, Aoife
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2011

Handle
URN
urn:nbn:de:101:1-201108093110
Last update
10.03.2025, 11:43 AM CET

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Object type

  • Arbeitspapier

Associated

  • Godart, Olivier
  • Görg, Holger
  • Hanley, Aoife
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2011

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