2004
DOI: 10.1093/oxrep/grh026 View full text |Buy / Rent full text
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Abstract: This paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literature -the role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals. We review existing theoretical and empirical work, which largely focuses on manufacturing, before presenting new evidence using establishment-level data on production, service and R&D activity for the United Kingdom. We find that multin… Show more

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