We study the productivity of US owned plants in the UK. Using a new dataset that identifes foreign and domestic MNEs, we find that UK MNEs are less productive than US affliates, but as productive as non US foreign affliates. We investigate the source of the US and MNE advantage. We find evidence...

Business support policies designed to raise productivity and employment are common worldwide, but rigorous micro-econometric evaluation of their causal effects is rare. We exploit multiple changes in the area-specific eligibility criteria for a major program to support manufacturing jobs...