Scandinavian Working Papers in Economics
Working Paper Series,
Research Institute of Industrial Economics
No 703: Efficiency and Ownership Structure – The Case of Poland
Karl-Markus Modén (), Pehr-Johan Norbäck () and Lars Persson ()
Additional contact information
Karl-Markus Modén: Södertörn University College
Pehr-Johan Norbäck: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Lars Persson: Research Institute of Industrial Economics (IFN), Postal: P.O. Box 55665, SE-102 15 Stockholm, Sweden
Abstract: We examine the effects of foreign entry on productive efficiency during the Polish investment liberalization. The performance of foreign acquisitions is compared to foreign firms entering the market through greenfield entry, as well as domestic acquisitions of privatized firms, domestic greenfields and remaining state-owned (non-privatized) firms during the period 1995-2000. We find that foreign privatized firms have realized larger productivity gains than all types of domestic firms and that this is not due to higher price-cost margins, which is consistent with the idea that foreign firms bring in firm-specific knowledge. Foreign greenfields have the highest average labour productivity, while foreign privatizations show the largest productivity increase.
Keywords: Privatizations; M As; FDI; Foreign Ownership; Productivity
39 pages, April 13, 2007
Full text files
wp703.pdf
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 ().
This page generated on 2024-02-05 17:12:18.