This paper examines the causal relationship between foreign mergers and acquisitions and firm productivity in the UK over the period 1999-2007. Our results raise questions about the existence of aggregate effects of foreign ownership on TFP in the longer-run. However, we find significant...

This paper examines the causal relationship between foreign mergers and acquisitions and firm productivity in the UK over the period 1999-2007. Our results raise questions about the existence of aggregate effects of foreign ownership on TFP in the longer-run. However, we find significant...

This paper examines how foreign plants may impact on the averages wages paid by domestic plants within a host economy. The analysis, building on Aitken, Harrison and Lipsey (1996), is based on plant level panel data for the Irish manufacturing industry during the 1990s. We find that respective...