Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/302104 
Year of Publication: 
2024
Citation: 
[Journal:] Economics Letters [ISSN:] 1873-7374 [Volume:] 241 [Article No.:] 111826 [Publisher:] Elsevier BV [Place:] Amsterdam [Year:] 2024 [Pages:] 1-6
Publisher: 
Elsevier BV, Amsterdam
Abstract: 
This paper, for the first time, investigates the impact of foreign acquisitions on German manufacturing firms using, newly available unique administrative micro data spanning 25 years. Based on an event study design combined with propensity score matching techniques, we find that foreign acquisitions significantly increase labor productivity and average wages in acquired firms. A reduction in employment drives both effects.
Subjects: 
Foreign direct investment
Foreign acquisitions
Firm behavior
Ex-post evaluation
JEL: 
F23
F61
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc Logo
Document Type: 
Article
Document Version: 
Published Version

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