Quotation Foster-McGregor, Neil, Isaksson, Anders, Kaulich, Florian. 2013. Foreign ownership and performance in sub-Saharan African manufacturing and services. BIT Working Paper 03/2013, United Nations Industrial Development Organization (UNIDO).


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Abstract

This paper tests for differences in performance between foreign- and domestically-owned firms in a sample of manufacturing and services firms from 19 sub-Saharan African countries. Results indicate that foreign-owned firms perform significantly better than domestically-owned ones in sub-Saharan Africa across several performance measures, with the foreign-ownership premia being higher for services firms. The results further indicate that firms owned by a TNC perform better than those owned by individual foreign entrepreneurs, though there is little evidence of differences in performance between joint ventures and wholly owned foreign enterprises.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Working/discussion paper, preprint
Language English
Title Foreign ownership and performance in sub-Saharan African manufacturing and services
Title of whole publication BIT Working Paper 03/2013, United Nations Industrial Development Organization (UNIDO)
Year 2013
URL https://www.unido.org/fileadmin/user_media_upgrade/What_we_do/Topics/Business__investment_and_technology_services/Foreign_ownership_and_firm-level__performance_final_AI.pdf
JEL F23, D24

Associations

People
Kaulich, Florian (Details)
External
Foster-McGregor, Neil (wiiw, Austria)
Isaksson, Anders (UNIDO, Austria)
Organization
Institute for International Economics and Development IN (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
5300 Economics (Details)
5323 Econometrics (Details)
5325 Political economics (Details)
5334 Political economic policy (Details)
5341 Economic policy (Details)
5344 Foreign trade (Details)
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