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...

US plant level studies show US multinational enterprises (MNE) are more productive than other MNEs. This could reflect US productivity leadership or could be due to the ease in which US firms operate in their home surroundings. The evidence would therefore be more compelling if US firms were...

This study uses new information to determine the role of foreign affiliates in productivity growth. The study has three aims. Firstly, the study quantifies the contribution of foreign affiliates to productivity growth in OECD countries using a growth accounting approach. Secondly, the analysis...