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.S. comparative advantage to takeovers is also negative, but never significant. High U.S. stock prices, industry profitability, and … industry growth discourage takeovers. High U.S interest rates and high investing country growth and currency values encourage …
Persistent link: https://www.econbiz.de/10013224850
these factors were largely associated with the industry the firm was in but size, R&D, and profitability were … manufacturing abroad in a small number of corn-panies is largely a reflection of the concentration within the United States. The … in industries other than machinery R&D - intensive firms were more inclined than others to license technology, while in …
Persistent link: https://www.econbiz.de/10013309353
Most international commerce is carried out by multinational firms, which use their foreign affiliates both to serve the market of the host country and to export to other markets outside the host country. In this paper, I examine the determinants of multinational firms' location and production...
Persistent link: https://www.econbiz.de/10012992631
In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains … from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research … and development, brands, and organization capital. What distinguishes technology capital from other forms of capital is …
Persistent link: https://www.econbiz.de/10012759771
, firm-level data from India's organized manufacturing sector to show that market-share reallocations did play an important …
Persistent link: https://www.econbiz.de/10013130973
This paper uses a rich panel dataset of Spanish manufacturing firms (1990-2006) and a propensity score reweighting …
Persistent link: https://www.econbiz.de/10013135408
We examine the differential impact of portfolio debt, portfolio equity, and FDI inflows on 37 manufacturing industries … cross-sectional regressions of manufacturing industries' growth rates covering 17 years. Net portfolio debt inflows are … manufacturing sector. For instance, the inflow surge during the financial liberalization period, 1993-1994, is associated with a …
Persistent link: https://www.econbiz.de/10013122429
We study Japanese investments between 1980 and 1992 to assess the effectiveness of state promotion efforts in light of strong agglomeration economies in Japanese investment. Two policy variables are consistently shown to influence the location of investment - foreign trade zones and labor...
Persistent link: https://www.econbiz.de/10012774874
way to disentangle some of these influences might be to disaggregate by country, industry, and even better, by firm … with cross-sections by country and industry and, in some eases, by firm …
Persistent link: https://www.econbiz.de/10012777749
Wages in domestically- owned Indonesian manufacturing plants taken over by foreign firms increased sharply between the …
Persistent link: https://www.econbiz.de/10012762880