Foreign-owned firms and productivity-enhancing restructuring in Finnish manufacturing industries

Arbeitspapier

The direct contribution of foreign-owned companies (FOCs) to productivity-enhancing intra-industry restructuring in Finnish manufacturing is analyzed by means of a productivity decomposition method. It is found that the FOCs have had an increasing role on the micro-level productivity dynamics after the liberalization of the foreign-ownership legislation in 1993. However, when proportioned to the employment share, the change of their contribution seems less outstanding. Initially the restructuring component of the FOCs was disproportionally large but had normalized by the end of the 1990s.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ETLA Discussion Papers ; No. 965

Classification and Topics

• Classification: Wirtschaft ; Multinational Firms; International Business ; Technological Change: Choices and Consequences; Diffusion Processes ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
• Subject: Foreign ownership ; productivity decomposition ; productivity-enhancing restructuring ; Ulkomaalaisomistus ; tuottavuuden dekomponointi ; tuottavuutta vahvistava rakennemuutos ; Verarbeitendes Gewerbe ; Multinationales Unternehmen ; Auslandsniederlassung ; Reorganisation ; Finnland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Maliranta, Mika
• Event: Veröffentlichung
• (who): The Research Institute of the Finnish Economy (ETLA)
• (where): Helsinki
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/63760
• Last update: 10.03.2025, 11:44 AM CET