Showing 1 - 10 of 44
How does outward foreign direct investment (FDI) affect employment growth of the multinationals (MNCs) in the home …
Persistent link: https://www.econbiz.de/10005666505
We examine the economic justification for providing investment subsidies to foreign-owned multinationals. These provide … returns to scale. Offering subsidies to multinationals may be in the national interest if the investment raises the net value …, countries may compete to attract investment. This subsidy competition transfers much of the rents to the multinationals. …
Persistent link: https://www.econbiz.de/10005666536
The rising importance of multinationals in the world economy has been accompanied by a rise in trade between affiliates … of multinationals located in different countries, and by profits being shifted to low tax countries. The effect of trade … finance literature. This Paper analyses how competition over shifty profits affects tax policy as trade barriers are lowered …
Persistent link: https://www.econbiz.de/10005788992
exercising a stronger effect in most quantiles. Such distinct FDI effects stress the importance of policy modifications according …
Persistent link: https://www.econbiz.de/10005791197
Classic trade questions are reconsidered by generalizing a factor-proportions model to multiple countries, multi-stage production, and country-specific trade costs. We derive patterns of production specialization and trade for a matrix of countries that differ in relative endowments (columns)...
Persistent link: https://www.econbiz.de/10005791871
impacts result from acquisitions by EU multinationals. Also we discern some positive wage effects for unskilled workers … resulting from acquisitions by multinationals from the rest of the world. …
Persistent link: https://www.econbiz.de/10005792199
Foreign-owned firms are often hypothesized to generate productivity “spillovers” to the host country, but both theoretical micro-foundations and empirical evidence for this are limited. We develop a heterogeneous-firm model in which ex-ante identical workers learn from their employers in...
Persistent link: https://www.econbiz.de/10005792490
technology and on the division of the world endowment between countries. Multinationals are more likely to exist the more similar … are countries in both relative and absolute endowments. Where multinationals exist they reduce the volume of trade and …
Persistent link: https://www.econbiz.de/10005792524
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