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| Tekijä: | Balsvik, R. Haller, S.A. |
| Otsikko: | Picking "lemons" or picking "cherries"? Domestic and foreign acquisitions in Norwegian manufacturing |
| Lehti: | Scandinavian Journal of Economics
2010 : VOL. 112:2, p. 361-387 |
| Asiasana: | company ownership foreign subsidiary companies manufacturing pay productivity Norway |
| Kieli: | eng |
| Tiivistelmä: | The performance in employment, wages and productivity are compared for domestic plants acquired by new domestic and foreign owners. Prospective foreign owners pick large, high-wage, high-productivity plants, while new domestic owners choose average performers of above-average size. It is found that employment, labour productivity, and total factor productivity decline in domestic acquisition targets before acquisitions; only wages recover afterwards. Employment, wages and labour productivity increase after foreign acquisitions. |
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