Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/81258
Authors: 
Modén, Karl-Markus
Norbäck, Pehr-Johan
Persson, Lars
Year of Publication: 
2007
Series/Report no.: 
IFN Working Paper 703
Abstract: 
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.
Subjects: 
Privatizations
M As
FDI
Foreign Ownership
Productivity
JEL: 
F23
J31
Document Type: 
Working Paper

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