| dc.description.abstract | This paper studies the total factor productivity gains, export participation and spillovers of
foreign ownership in Ghanaian manufacturing industry. This is based on a comprehensive panel
data on manufacturing firms collected as part of the enterprise survey over the period 1991-2002.
Controlling for simultaneity, endogeneity bias, firm and year fixed effects, firm productivity is
first estimated. Results show that foreign owned firms are on average 7% more productive than
domestic firms in the same sub-sector and location. Besides, there is statistical evidence
suggesting that domestic firms will gain in productivity via spillovers from foreign owned firms.
Lastly, I find that, domestic firms are 3.1% more likely to participate in exports with increasing
share of foreign owned firms in the same sector. | nb_NO |
