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Since 1977, and in some cases starting before that, most East Asian countries' export patterns in manufacturing have … countries. The process of change in most cases started with inward FDI to produce for export in the new industries, particularly ….S. export comparative advantage, far from the previous patterns of the host countries. The industry distribution of Japanese …
Persistent link: https://www.econbiz.de/10012470927
Within Japanese multinational firms, parent exports from Japan to a foreign region are positively related to production … in that region by affiliates of that parent, given the parent's home production in Japan and the region's size and income …
Persistent link: https://www.econbiz.de/10012471148
Despite the persistent fears that production abroad by U.S. multinationals reduces employment at home, there has, in fact, been almost no aggregate shift of production or employment to foreign countries. Some continuing shifts to foreign locations by U.S. manufacturing firms have been largely...
Persistent link: https://www.econbiz.de/10012471427
choice. Production for export seems to have been most strongly attracted by large internal markets in host countries …. Economies of scale in production presumably made large markets also economical as export bases. Another factor was high trade … tended to export from high-wage countries but the high productivity in such countries more than offset the high wages …
Persistent link: https://www.econbiz.de/10012478654
Governments go to great lengths to attract foreign multinationals because they are thought to raise the wages paid to their employees (direct effects) and to improve outcomes at local domestic firms (indirect effects). We construct the first U.S. employer-employee dataset with foreign ownership...
Persistent link: https://www.econbiz.de/10012480095
The U.S. Bureau of Economic Analysis (BEA) estimates the return on investments of foreign subsidiaries of U.S. multinational companies over the period 1982--2006 averaged 9.4 percent annually after taxes; U.S. subsidiaries of foreign multinationals averaged only 3.2 percent. Two factors distort...
Persistent link: https://www.econbiz.de/10012464663
We study the resource allocation decisions of U.S. multinational corporations (MNCs). We examine how established MNCs grow across countries and how firm-specific resources and host country financial-market development influence MNC growth. We find evidence of intra-firm trade-offs to growth in...
Persistent link: https://www.econbiz.de/10012469457
Foreign-owned establishments in the United States pay higher wages, on average, than domestically-owned establishments. Much of the difference is related to industry composition, but there are also differences within industries within states, 5-7 percent in manufacturing and 9-10 percent in...
Persistent link: https://www.econbiz.de/10012471884
Foreign-owned establishments in the United States pay higher wages, on average, than domestically-owned establishments. The foreign-owned establishments tend to be in higher-wage industries and also to pay higher wages within industries. They tend to locate in lower-wage states, but to pay more...
Persistent link: https://www.econbiz.de/10012473977
This paper studies the impact that immigrant innovators have on the global activities of U.S. firms by analyzing detailed data on patent applications and on the operations of the foreign affiliates of U.S. multinational firms. The results indicate that increases in the share of a firm's...
Persistent link: https://www.econbiz.de/10012461322