Showing 1 - 10 of 2,815
In recent decades, growth of overall world trade has been driven in large part by the rapid growth of trade in …
Persistent link: https://www.econbiz.de/10012468975
We use a unique firm-level panel data set of multinational parents and their foreign affiliates to analyze whether profits are shared across borders within multinational firms. Using both fixed-effects and generalized method-of-moments estimators, affiliate wage levels are estimated to respond...
Persistent link: https://www.econbiz.de/10012469906
We investigate how multinational firms contribute to the transmission of shocks across countries using a large multi-country firm-level dataset that contains cross-border ownership information. We use these data to document two novel empirical patterns. First, foreign affiliate and headquarter...
Persistent link: https://www.econbiz.de/10012456179
. First, the relationships between Japanese export levels and employment in foreign affiliates of Japanese MNCs are analyzed …, the paper examines the effects of the presence of affiliates of U.S. MNCs on Japanese export levels. And third, it …
Persistent link: https://www.econbiz.de/10012470135
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 level. This relationship is similar to that found for...
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 … propensities of host countries, which we interpret as representing access to imported materials at low world prices or better …
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
Models dealing with cross-border acquisitions versus greenfield investment usually assume that the entry of a foreign firm into a market has effects on the outputs of all domestic firms in that market, but exit or entry of local firms is not considered. The purpose of this paper is to re-examine...
Persistent link: https://www.econbiz.de/10012463119