Multinationals and U.S. Productivity Leadership: Evidence from Great Britain
US plant level studies show US multinational enterprises (MNE) are more productive than other MNEs. This could reflect US productivity leadership or could be due to the ease in which US firms operate in their home surroundings. The evidence would therefore be more compelling if US firms were leaders...
Gespeichert in:
Beteilige Person: | |
---|---|
Weitere beteiligte Personen: | |
Format: | Elektronisch E-Book |
Sprache: | Englisch |
Veröffentlicht: |
Paris
OECD Publishing
2004
|
Schriftenreihe: | OECD Science, Technology and Industry Working Papers
|
Schlagwörter: | |
Links: | https://doi.org/10.1787/125181786028 |
Zusammenfassung: | US plant level studies show US multinational enterprises (MNE) are more productive than other MNEs. This could reflect US productivity leadership or could be due to the ease in which US firms operate in their home surroundings. The evidence would therefore be more compelling if US firms were leaders outside the US. We study the productivity of plants owned by US firms located in the UK. Our study differs from many studies of foreign owned plants in three ways. Firstly, using a newly available dataset we can identify not only foreign but also domestic MNEs. We find that UK MNEs are less productive than US owned plants, but as productive as non US foreign owned plants. Secondly, having a panel dataset we distinguish between different hypotheses regarding the nature of the US and MNE advantage. We find strong evidence that the US advantage lies in the ability to takeover already productive plants. Whereas we find some evidence for a shared asset effect for MNEs in general we do not find any evidence that the US advantage is driven by superior shares assets. Thirdly, this paper features a novel approach to TFP calculation |
Umfang: | 1 Online-Ressource (44 Seiten) 21 x 29.7cm |
DOI: | 10.1787/125181786028 |
Internformat
MARC
LEADER | 00000nam a2200000zc 4500 | ||
---|---|---|---|
001 | BV047935707 | ||
003 | DE-604 | ||
007 | cr|uuu---uuuuu | ||
008 | 220413s2004 xx o|||| 00||| eng d | ||
024 | 7 | |a 10.1787/125181786028 |2 doi | |
035 | |a (ZDB-13-SOC)061263338 | ||
035 | |a (OCoLC)1312703471 | ||
035 | |a (DE-599)BVBBV047935707 | ||
040 | |a DE-604 |b ger |e aacr | ||
041 | 0 | |a eng | |
049 | |a DE-384 |a DE-91 |a DE-473 |a DE-824 |a DE-29 |a DE-739 |a DE-355 |a DE-20 |a DE-1028 |a DE-1049 |a DE-188 |a DE-521 |a DE-861 |a DE-898 |a DE-92 |a DE-573 |a DE-19 | ||
100 | 1 | |a Criscuolo, Chiara |e Verfasser |4 aut | |
245 | 1 | 0 | |a Multinationals and U.S. Productivity Leadership |b Evidence from Great Britain |c Chiara Criscuolo and Ralf Martin |
264 | 1 | |a Paris |b OECD Publishing |c 2004 | |
300 | |a 1 Online-Ressource (44 Seiten) |c 21 x 29.7cm | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a OECD Science, Technology and Industry Working Papers | |
520 | |a US plant level studies show US multinational enterprises (MNE) are more productive than other MNEs. This could reflect US productivity leadership or could be due to the ease in which US firms operate in their home surroundings. The evidence would therefore be more compelling if US firms were leaders outside the US. We study the productivity of plants owned by US firms located in the UK. Our study differs from many studies of foreign owned plants in three ways. Firstly, using a newly available dataset we can identify not only foreign but also domestic MNEs. We find that UK MNEs are less productive than US owned plants, but as productive as non US foreign owned plants. Secondly, having a panel dataset we distinguish between different hypotheses regarding the nature of the US and MNE advantage. We find strong evidence that the US advantage lies in the ability to takeover already productive plants. Whereas we find some evidence for a shared asset effect for MNEs in general we do not find any evidence that the US advantage is driven by superior shares assets. Thirdly, this paper features a novel approach to TFP calculation | ||
650 | 4 | |a Science and Technology | |
650 | 4 | |a United Kingdom | |
700 | 1 | |a Martin, Ralf |4 ctb | |
856 | 4 | 0 | |u https://doi.org/10.1787/125181786028 |x Verlag |z kostenfrei |3 Volltext |
912 | |a ZDB-13-SOC | ||
943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-033317200 |
Datensatz im Suchindex
DE-BY-TUM_katkey | 2632064 |
---|---|
_version_ | 1821934720150142978 |
adam_text | |
any_adam_object | |
author | Criscuolo, Chiara |
author2 | Martin, Ralf |
author2_role | ctb |
author2_variant | r m rm |
author_facet | Criscuolo, Chiara Martin, Ralf |
author_role | aut |
author_sort | Criscuolo, Chiara |
author_variant | c c cc |
building | Verbundindex |
bvnumber | BV047935707 |
collection | ZDB-13-SOC |
ctrlnum | (ZDB-13-SOC)061263338 (OCoLC)1312703471 (DE-599)BVBBV047935707 |
discipline | Wirtschaftswissenschaften |
doi_str_mv | 10.1787/125181786028 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>00000nam a2200000zc 4500</leader><controlfield tag="001">BV047935707</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220413s2004 xx o|||| 00||| eng d</controlfield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1787/125181786028</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-13-SOC)061263338</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1312703471</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047935707</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-384</subfield><subfield code="a">DE-91</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-824</subfield><subfield code="a">DE-29</subfield><subfield code="a">DE-739</subfield><subfield code="a">DE-355</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-1028</subfield><subfield code="a">DE-1049</subfield><subfield code="a">DE-188</subfield><subfield code="a">DE-521</subfield><subfield code="a">DE-861</subfield><subfield code="a">DE-898</subfield><subfield code="a">DE-92</subfield><subfield code="a">DE-573</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Criscuolo, Chiara</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Multinationals and U.S. Productivity Leadership</subfield><subfield code="b">Evidence from Great Britain</subfield><subfield code="c">Chiara Criscuolo and Ralf Martin</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Paris</subfield><subfield code="b">OECD Publishing</subfield><subfield code="c">2004</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (44 Seiten)</subfield><subfield code="c">21 x 29.7cm</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">OECD Science, Technology and Industry Working Papers</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">US plant level studies show US multinational enterprises (MNE) are more productive than other MNEs. This could reflect US productivity leadership or could be due to the ease in which US firms operate in their home surroundings. The evidence would therefore be more compelling if US firms were leaders outside the US. We study the productivity of plants owned by US firms located in the UK. Our study differs from many studies of foreign owned plants in three ways. Firstly, using a newly available dataset we can identify not only foreign but also domestic MNEs. We find that UK MNEs are less productive than US owned plants, but as productive as non US foreign owned plants. Secondly, having a panel dataset we distinguish between different hypotheses regarding the nature of the US and MNE advantage. We find strong evidence that the US advantage lies in the ability to takeover already productive plants. Whereas we find some evidence for a shared asset effect for MNEs in general we do not find any evidence that the US advantage is driven by superior shares assets. Thirdly, this paper features a novel approach to TFP calculation</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Science and Technology</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">United Kingdom</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Martin, Ralf</subfield><subfield code="4">ctb</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1787/125181786028</subfield><subfield code="x">Verlag</subfield><subfield code="z">kostenfrei</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-13-SOC</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033317200</subfield></datafield></record></collection> |
id | DE-604.BV047935707 |
illustrated | Not Illustrated |
indexdate | 2025-01-11T15:45:52Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033317200 |
oclc_num | 1312703471 |
open_access_boolean | 1 |
owner | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
owner_facet | DE-384 DE-91 DE-BY-TUM DE-473 DE-BY-UBG DE-824 DE-29 DE-739 DE-355 DE-BY-UBR DE-20 DE-1028 DE-1049 DE-188 DE-521 DE-861 DE-898 DE-BY-UBR DE-92 DE-573 DE-19 DE-BY-UBM |
physical | 1 Online-Ressource (44 Seiten) 21 x 29.7cm |
psigel | ZDB-13-SOC |
publishDate | 2004 |
publishDateSearch | 2004 |
publishDateSort | 2004 |
publisher | OECD Publishing |
record_format | marc |
series2 | OECD Science, Technology and Industry Working Papers |
spellingShingle | Criscuolo, Chiara Multinationals and U.S. Productivity Leadership Evidence from Great Britain Science and Technology United Kingdom |
title | Multinationals and U.S. Productivity Leadership Evidence from Great Britain |
title_auth | Multinationals and U.S. Productivity Leadership Evidence from Great Britain |
title_exact_search | Multinationals and U.S. Productivity Leadership Evidence from Great Britain |
title_full | Multinationals and U.S. Productivity Leadership Evidence from Great Britain Chiara Criscuolo and Ralf Martin |
title_fullStr | Multinationals and U.S. Productivity Leadership Evidence from Great Britain Chiara Criscuolo and Ralf Martin |
title_full_unstemmed | Multinationals and U.S. Productivity Leadership Evidence from Great Britain Chiara Criscuolo and Ralf Martin |
title_short | Multinationals and U.S. Productivity Leadership |
title_sort | multinationals and u s productivity leadership evidence from great britain |
title_sub | Evidence from Great Britain |
topic | Science and Technology United Kingdom |
topic_facet | Science and Technology United Kingdom |
url | https://doi.org/10.1787/125181786028 |
work_keys_str_mv | AT criscuolochiara multinationalsandusproductivityleadershipevidencefromgreatbritain AT martinralf multinationalsandusproductivityleadershipevidencefromgreatbritain |