Foreign ownership and productivity in the united kingdom estimates for UK manufacturing using the ARD

摘要: There is a general assumption in much of the literature on FDI that foreign owned plants have higher productivity. The purpose this paper to answer important question: ``Are better?''. Using U.K. manufacturing data over period 1974–1995, our results provide robust empirical support for view general, they are. This policy relevance it provides clear rationale programmes aimed at attracting direct benefits brings. It also highlights hindrances may face inward investors, particularly cultural barriers.