have declined because of difficulties in telecommunication sector. Productivity analysis shows that high country-level R …&D expenditures - as in Finland and the United States - have positive correlation with labour productivity in manufacturing. Moreover …, labour productivity in manufacturing in OECD countries relates positively with FDI and R&D expenditure growth. Also the level …

number of exogenous factors. According to the results, foreign-owned firms have higher productivity than domestic non …-multinational firms. There is no difference in the average growth rate of productivity if the difference in levels is not controlled …. Accordingly, a shift to foreign ownership has, on average, not affected the growth rate of productivity. The results concerning …