Showing 1 - 10 of 137
Previous research has recognized that weak institutions can hamper investments and alter patterns of trade. However, little is known about the impact of institutional quality on offshoring. This is surprising, given that offshoring has become an important part of many firms’...
Persistent link: https://www.econbiz.de/10010555254
Despite the strong pace of globalization, the distance effect on trade is persistent or even growing over time (Disdier and Head, 2008). To solve this distance puzzle, we use the recently developed gravity equation estimator from Helpman, Melitz and Rubinstein (2008), HMR henceforth. Using three...
Persistent link: https://www.econbiz.de/10011240429
As one of the world’s largest recipients of Foreign Direct Investment (FDI), China is emerging as a key global player … importance of foreign R&D in China based on quantitative mapping in terms of R&D inputs, outputs and local linkages in R … that the growing importance of China in the globalization of R&D is more than a ‘flash-in-the-pan’. On one hand, China is …
Persistent link: https://www.econbiz.de/10005419496
FDI can be an important channel for developing countries’ ability to get access to new technology. The impact of FDI on domestically-owned firms’ technology development is less examined but it is frequently argued that technology externalities or demonstration effects could have a positive...
Persistent link: https://www.econbiz.de/10005645313
FDI ends up in China, putting the cohesion of the EU at stake and triggering a regional race within China. …
Persistent link: https://www.econbiz.de/10005645346
’s largest recipients of FDI, China has arguably benefited from foreign multinational enterprises in various respects. However …, one of the main challenges for China, and other developing countries, is job-creation, and the effect of FDI on job … job creation in domestic firms. We analyze FDI and job creation in China using a large sample of manufacturing firms for …
Persistent link: https://www.econbiz.de/10005645395
This paper examines whether and, if so, why source country heterogeneity exists in foreign direct investment (FDI). Using detailed data on all Swedish firms for the period from 1996 to 2009, we find statistical evidence that affiliate performance differs systematically across source countries....
Persistent link: https://www.econbiz.de/10010944998
Firms having significant shareholdings in one another is not an unusual phenomenon in countries where the law admits such ownership arrangements, like Sweden and Japan. In this paper the role of cross-ownership as means for deterring takeovers is examined in the framework of a simple two-firm,...
Persistent link: https://www.econbiz.de/10011019053
In a world with multinational companies (MNC's) changes such as those implied by the realization of EC's internal market will affect the locational choice made by geographically mobile MNC's. The reason is that the reduction of trade barriers within the EC puts non-EC members at a competitive...
Persistent link: https://www.econbiz.de/10011019061
The multinational firm (MNF) is introduced as the intersection between trade theory and the theory of the firm. I show that economies of scale associated with various knowledge inputs have made it possible for firms to grow large through internationalization and, once large, staying competitive...
Persistent link: https://www.econbiz.de/10011019068