This paper calculates returns to scale and productivity growth in UK manufacturing establishments in the electronics … productivity growth. We use a matching and difference-in-differences methodology which allows us to construct a reasonable … counterfactual and to determine the post-acquisition changes in RTS and productivity that can be attributed to the incidence of …

.K. manufacturing. It finds that the rate of productivity change following a foreign take-over is higher the higher the pre …-acquisition productivity level of the acquired firm, indicating the importance of absorptive capacity. However, beyond some critical level of … initial productivity, the rate of technology transfer due to foreign acquisition starts to decline. It seems that U …