We examined mergers and acquisitions in the service sector and the effects of the transition to foreign ownership. We analyzed firm-level data encompassing 1,243 service sector acquisitions that occurred from 2009-2018. The most foreign acquisitions occurred in the health and social services,...

There are almost 200,000 enterprises operating in the Finnish service sector, combined. However, not all of the service industries are the same. Some services have become independent of geographical locations, meaning that they can be exported, much like physical products. Other services still...

This study utilizes unique Finnish firm-level microdata on service imports, productivity, and employment during the 2002-2016 period. We use world service export demand shocks as an instrument to identify the causal effect of service offshoring on firm-level performance. Our results indicate...

We examined mergers and acquisitions in the service sector and the effects of the transition to foreign ownership. We analyzed firm-level data encompassing 1,243 service sector acquisitions that occurred from 2009-2018. The most foreign acquisitions occurred in the health and social services,...

This study utilizes unique Finnish firm-level microdata on service imports, productivity, and employment during the 2002-2016 period. We use world service export demand shocks as an instrument to identify the causal effect of service offshoring on firm-level performance. Our results indicate...