This paper examines the relationship between foreign ownership and productivity, paying particular attention to two issues neglected in the existing literature Ö the role of multinationals in service sectors and the importance of R&D activity conducted by foreign multinationals. We review...

In vielen EU-Ländern ist ein Rückgang der Beschäftigung im gewerblichen Bereich zu beobachten. Besonders ausgeprägt ist die „Deindustrialisierung“ jedoch in Großbritannien – bei gleichzeitiger Ausweitung des Dienstleistungsbereichs. Welches sind die Ursachen dieser Entwicklung? Ist...

This report examines structural change in employment and the development of servicesector jobs in Germany and Britain between 1993 and 2002. During this period the British labour market was buoyant, while the employment situation in Germany can only be described as dismal. There is much...

Throughout the period 1871-1938, the average British worker was better off than the average German worker, but there were significant differences between major sectors. For the aggregate economy, the real wage gap was about the same as the labour productivity gap, but again there were important...

This paper investigates the effects of services offshoring on wages using individual level data combined with industry information on offshoring. Our results show that services offshoring affects the real wage of low and medium skilled individuals negatively. By contrast, skilled workers benefit...