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
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ETSG 2011 Copenhagen Thirteenth Annual Conference. European Trade Study Group, 2011.
Research output: Contributions to collected editions/works › Published abstract in conference proceedings › Research › peer-review
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TY - CHAP
T1 - Foreign ownership and firm performance in the German services
T2 - 13th Annual Conference of the European Trade Study Group - ETSG 2011
AU - Weche Gelübcke, John Philipp
N1 - Conference code: 13
PY - 2011
Y1 - 2011
N2 - This study provides an initial analysis of foreign‐controlled enterprises in the German service sectorbased on new micro data of official statistics. Various performance measures were examined bycomparing unconditional and conditional means as well as distributions along quantiles. Abreakdown by country of origin and several domestic reference groups is performed. Results revealpersistently superior performance for foreign‐controlled affiliates. Only labor productivity becomesinsignificant when German affiliates with a high degree of internationalization serve as referencegroup. In contrast, profitability exhibits an inverse relationship. European affiliates are characterizedby lower wage payments and export activity compared to other foreign affiliates. Furthermore, thereis no evidence for a general exporter premium within the group of foreign‐controlled affiliates.
AB - This study provides an initial analysis of foreign‐controlled enterprises in the German service sectorbased on new micro data of official statistics. Various performance measures were examined bycomparing unconditional and conditional means as well as distributions along quantiles. Abreakdown by country of origin and several domestic reference groups is performed. Results revealpersistently superior performance for foreign‐controlled affiliates. Only labor productivity becomesinsignificant when German affiliates with a high degree of internationalization serve as referencegroup. In contrast, profitability exhibits an inverse relationship. European affiliates are characterizedby lower wage payments and export activity compared to other foreign affiliates. Furthermore, thereis no evidence for a general exporter premium within the group of foreign‐controlled affiliates.
KW - Economics
UR - http://www.etsg.org/conferences
M3 - Published abstract in conference proceedings
BT - ETSG 2011 Copenhagen Thirteenth Annual Conference
PB - European Trade Study Group
Y2 - 8 September 2011 through 10 September 2011
ER -