Foreign ownership and firm performance in the German services: First evidence based on Official Statistics
Research output: Contributions to collected editions/works › Published abstract in conference proceedings › Research › peer-review
Authors
This study provides an initial analysis of foreign‐controlled enterprises in the German service sector
based on new micro data of official statistics. Various performance measures were examined by
comparing unconditional and conditional means as well as distributions along quantiles. A
breakdown by country of origin and several domestic reference groups is performed. Results reveal
persistently superior performance for foreign‐controlled affiliates. Only labor productivity becomes
insignificant when German affiliates with a high degree of internationalization serve as reference
group. In contrast, profitability exhibits an inverse relationship. European affiliates are characterized
by lower wage payments and export activity compared to other foreign affiliates. Furthermore, there
is no evidence for a general exporter premium within the group of foreign‐controlled affiliates.
based on new micro data of official statistics. Various performance measures were examined by
comparing unconditional and conditional means as well as distributions along quantiles. A
breakdown by country of origin and several domestic reference groups is performed. Results reveal
persistently superior performance for foreign‐controlled affiliates. Only labor productivity becomes
insignificant when German affiliates with a high degree of internationalization serve as reference
group. In contrast, profitability exhibits an inverse relationship. European affiliates are characterized
by lower wage payments and export activity compared to other foreign affiliates. Furthermore, there
is no evidence for a general exporter premium within the group of foreign‐controlled affiliates.
| Original language | English |
|---|---|
| Title of host publication | ETSG 2011 Copenhagen Thirteenth Annual Conference |
| Number of pages | 40 |
| Publisher | European Trade Study Group |
| Publication date | 2011 |
| Publication status | Published - 2011 |
| Event | 13th Annual Conference of the European Trade Study Group - ETSG 2011 - Copenhagen Buisiness School and University of Copenhagen, Copenhagen, Denmark Duration: 08.09.2011 → 10.09.2011 Conference number: 13 http://www.etsg.org/conferences/ |
- Economics