Please use this identifier to cite or link to this item:
Weche Gelübcke, John P.
Year of Publication: 
Series/Report no.: 
Working Paper Series in Economics 216
This study presents the first investigation into the performance of foreign - controlled enterprises in German manufacturing based on new micro - data from official statistics. A comprehensive set of performance variables was examined not only by comparing unconditional mean values but also by accounting for other determinants and differences across distributions. The analysis revealed a foreign ownership performance premium with regard to productivity, R&D and export intensities, and average wages. Only profitability did not seem to differ from German - owned enterprises. Results were verified by varying comparison groups of indigenous firms and separating for high- and low-tech sectors. Furthermore, a breakdown by country of origin and type of ownership showed considerable heterogeneity of foreign - controlled affiliates in Germany.
foreign ownership
firm performance
inward FDI
multinational enterprise
Document Type: 
Working Paper
Social Media Mentions:

Files in This Item:
914.56 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.