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In recent years, international capital flows of all types have increased dramatically and most governments have been actively encouraging inflows of direct investment. However, concerns remain that reliance on foreign multinationals may be a risky development strategy as foreign firms are likely...
Persistent link: https://www.econbiz.de/10013224697
Using a unique database on all Japanese manufacturing plants in the United States, we examine the relationship between plant size and growth for these foreign-owned plants. These plants average sizes are three times larger than comparable U.S. plants and experienced 30 percent growth from 1987...
Persistent link: https://www.econbiz.de/10013227197
Since the 1990s, R&D has become less geographically concentrated, and has seen especially fast growth in emerging markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software/IT domain; the increase in foreign R&D has been largely...
Persistent link: https://www.econbiz.de/10012916620
In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The...
Persistent link: https://www.econbiz.de/10013210551
In many developing countries, the average firm is small, does not grow and has low productivity. Lack of market integration and limited information on non-local products often leave consumers unaware of the prices and quality of non-local firms. They therefore mostly buy locally, limiting firms'...
Persistent link: https://www.econbiz.de/10012916894
Over the last two decades in India there have been large increases in outsourced jobs and large increases in schooling …
Persistent link: https://www.econbiz.de/10013144511
. While the substantial presence of FIEs has contributed greatly to the recent export-led growth of China, an important …
Persistent link: https://www.econbiz.de/10012759861
. 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/10013311624
U.S.-owned manufacturing affiliates in foreign countries tended to become more export-oriented between 1966 and 1977 … affiliate activities in almost all cases. The most export-oriented were subsidiaries in machinery industries in Southeast Asia …, however, and high rates of affiliate export growth were associated with rapid growth of host country GDP and exports …
Persistent link: https://www.econbiz.de/10013230213
aggregate export and FDI sales relative to the domestic and foreign market sizes. In particular, it is shown that firm level … heterogeneity is an important determinant of relative export and FDI flows. We use the model to derive testable empirical … predictions on the relative aggregate export and FDI sales in a given country for a given sector based both on relative costs and …
Persistent link: https://www.econbiz.de/10013232882