S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
Research Institute of Industrial Economics (IFN) Working Paper Series

No 851:
The Real Effects of Private Equity Buyouts

Joacim Tåg ()

Abstract: Private equity buyouts have become a common element in the industrial development process. I survey the literature on the real economic effect of buyouts: employment, wages, productivity, and long-run investments. Employment tend to marginally fall after a buyout in most countries studied, with the exception being France. There are clear evidence of productivity gains following a buyout, with part of these being shared with worker through higher wages. The evidence is mixed regarding effects on long-run investments.

Keywords: Employment; Innovation; Leveraged Buyouts; Long-run investments; Private equity buyouts; Productivity; Real effects; (follow links to similar papers)

JEL-Codes: G20; G30; G34; J20; L20; (follow links to similar papers)

25 pages, September 9, 2010

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Full text versions of the paper:

wp851.pdf    PDF-file
Download Statistics
This paper is published as:
Tåg, Joacim, (2012), 'The Real Effects of Private Equity Buyouts' in Cumming, Douglas (ed.) The Oxford Handbook of Private Equity, chapter 10, Oxford University Press.



Questions (including download problems) about the papers in this series should be directed to Elisabeth Gustafsson ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:iuiwop:0851 This page was generated on 2016-10-12 00:01:18