Showing 1 - 10 of 153
Using a unique dataset on worldwide multinational corporations with precise location of headquarters and affiliates, I … role in the location strategies of multinational corporations. …
Persistent link: https://www.econbiz.de/10011891832
We introduce a simple oligopolistic trade model with international transportation costs, and analyze the profitability and the social desirability of national vs. international mergers in relation to three different issues, (i) the level of trade freeness, (ii) the possibility of rent...
Persistent link: https://www.econbiz.de/10003355552
We develop a theory of a firm in an environment with incomplete contracts. The firm's headquarter decides on the complexity, the organization, and the global scale of its production process. Specifically, it decides: i) on the mass of symmetric intermediate inputs that are part of the value...
Persistent link: https://www.econbiz.de/10009300131
The prevailing consensus is that foreign direct investment (FDI) effects are conditional. At the macro level, they depend upon minimum levels of human capital or financial development, while at the micro level, they depend on type of linkage (forwards, backwards, or horizontal). This paper...
Persistent link: https://www.econbiz.de/10009757314
This paper explores the effects of foreign direct investment, measured by mergers and acquisitions, on domestic entrepreneurial entry. We use a micro‐panel of more than two thousand individuals disaggregated by industry in seventy countries including both developed and developing economies,...
Persistent link: https://www.econbiz.de/10010224595
To date there has been few systematic and comparative empirical analyses of the nature of economic development in Brazil, Russia, India, China and South Africa (BRICS). We contribute to addressing this gap by exploring the patterns of structural change between 1980 and 2010, focusing on the...
Persistent link: https://www.econbiz.de/10009786965
We implement a method to estimate the direct effects of foreign-ownership on foreign firms' productivity and the indirect effects (or spillovers) from the presence of foreign-owned firms on other foreign and domestic firms' productivity in a unifying framework, taking interactions between firms...
Persistent link: https://www.econbiz.de/10010410300
in the non-production part using location information about the host country. The main results of the estimation of a FDI …
Persistent link: https://www.econbiz.de/10011704340
This paper looks at the trade off between investment incentives and exit costs for the location of foreign direct … costs) on the location of US outward FDI in 33 host countries. The results suggest that US FDI, in particular in … not suffice that incentives are provided in order to ease the entry of multinationals. Instead, it also appears to be …
Persistent link: https://www.econbiz.de/10011415359
We compare wages in multinational enterprises (MNEs) versus domestic firms, the earnings of domestic firm workers with past, future and no MNE experience, and estimate how the presence of ex-MNE peers affects the earnings of domestic firm employees. The analysis relies on monthly panel data...
Persistent link: https://www.econbiz.de/10012184000