Showing 1 - 10 of 35
potentially problematic, as they depend on a number of restrictive assumptions, namely that (i) multinationals use domestically … produced inputs in the same proportion as imported inputs, (ii) multinationals have the same input sourcing behaviour as … domestic firms, irrespective of their country of origin, and (iii) the demand for locally produced inputs by multinationals is …
Persistent link: https://www.econbiz.de/10008506837
Multinational enterprises (MNEs) are important in transmitting technology across national borders. Not only do they allow for transfer of technology within the firm, but it is also believed that they are important channels for international R&D spillovers as well. This paper analyses empirically...
Persistent link: https://www.econbiz.de/10005123965
We distill the main insights from recent trade models on firms' responses to globalisation. Our primary aim is to assess the economic impact and the welfare implications of the resulting reallocation of resources across firms and countries. In so doing, we bring theory into life through the...
Persistent link: https://www.econbiz.de/10005136703
With a firm-level dataset, we study the location decision of all South Korean multinationals across China's regions … affiliates from South Korean multinationals. More importantly, we decompose these agglomeration effects into a pure agglomeration …
Persistent link: https://www.econbiz.de/10005498020
FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with...
Persistent link: https://www.econbiz.de/10005504277
I study the internal organization of production between the parent and the affiliate in the multinational corporation (MNC) and the extent to which it depends on the factor abundance of the destination country of the affiliates relative to the home country. I use a unique South Korean firm-level...
Persistent link: https://www.econbiz.de/10005504631
international technology market that multinationals enjoy, we find that these firms are not more likely to transfer technology to …
Persistent link: https://www.econbiz.de/10005656268
abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …-US multinationals in the UK, and this is primarily due to the higher productivity of their IT. Furthermore, establishments that are … taken over by US multinationals increase the productivity of their IT, whereas observationally identical establishments …
Persistent link: https://www.econbiz.de/10005114281
This paper applies a novel empirical approach to characterising the horizontal-ness and vertical-ness of affiliates based on Yeaple’s complex FDI concept. In its simplest form, horizontal-ness is measured as affiliates’ local sales share while their vertical-ness is measures as their share...
Persistent link: https://www.econbiz.de/10011083278
We study the significant variation in intrafirm versus arm’s-length trade with micro data. Exploiting the fact that Korean is an uncommon second language and that Korean culture is relatively homogenous, we show how intrafirm sourcing by South Korean affiliates abroad increases with their...
Persistent link: https://www.econbiz.de/10011083640