Evaluating the Causal Effect of Foreign Acquisition on Domestic Performances: The Case of Slovenian Manufacturing Firms
dc.contributor.author | Salis, Sergio | en_US |
dc.date.accessioned | 2006-08-01T15:47:36Z | |
dc.date.available | 2006-08-01T15:47:36Z | |
dc.date.issued | 2006-01-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:2006-803 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/40189 | en_US |
dc.description.abstract | This paper investigates the impact of foreign acquisition in 1997 on the performances of a sample of Slovenian manufacturing firms. It uses the propensity score-matching estimation technique combined with the difference-in-differences approach to control for the potential bias arising from the non-random selection of acquired firms (endogeneity of foreign ownership). After confirming that foreign investors acquire the most productive firms in Slovenia, it shows that the productivity of such firms subsequently increases as a result of foreign takeover. This finding is consistent with the hypothesis that foreign firms transfer their technology to Slovenian affiliates. | en_US |
dc.format.extent | 57690 bytes | |
dc.format.extent | 3151 bytes | |
dc.format.extent | 289029 bytes | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.relation.ispartofseries | 803 | en_US |
dc.subject | Foreign Acquisition, Productivity, Propensity Score, Matching Estimator | en_US |
dc.subject.other | F23, D21, C14 | en_US |
dc.title | Evaluating the Causal Effect of Foreign Acquisition on Domestic Performances: The Case of Slovenian Manufacturing Firms | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/40189/3/wp803.pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
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