Foreign Ownership and Firm Survival: First evidence for enterprises in Germany
Research output: Working paper › Working papers
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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2011. (Working Paper Series in Economics; No. 221).
Research output: Working paper › Working papers
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TY - UNPB
T1 - Foreign Ownership and Firm Survival: First evidence for enterprises in Germany
AU - Wagner, Joachim
AU - Weche Gelübcke, John Philipp
PY - 2011/12
Y1 - 2011/12
N2 - This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using unique tailor-made new representative data that merge information from surveys performed by the Statistical Offices, from administrative data collected by the Tax Authorities and from a commercial data provider. It contributes to the literature by providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit for foreign owned firms in West Germany but not in East Germany.
AB - This paper documents the relationship between foreign ownership and firm survival for enterprises in Germany using unique tailor-made new representative data that merge information from surveys performed by the Statistical Offices, from administrative data collected by the Tax Authorities and from a commercial data provider. It contributes to the literature by providing the first evidence on the role of foreign ownership for firm survival in Germany, one of the most important destination countries for foreign direct investments. Our micro-econometric analysis reveals a ceteris paribus higher risk of exit for foreign owned firms in West Germany but not in East Germany.
KW - Economics
KW - Foreign ownership
KW - firm survival
KW - Germany
M3 - Working papers
T3 - Working Paper Series in Economics
BT - Foreign Ownership and Firm Survival: First evidence for enterprises in Germany
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -