Showing 1 - 10 of 1,219
We examine the differential response of establishments to the recent global financial crisis with particular emphasis on the role of foreign ownership. Using a worldwide establishment panel dataset, we investigate how multinational subsidiaries around the world responded to the crisis relative...
Persistent link: https://www.econbiz.de/10013123691
Using Japanese firm-level data for the period from 1994-2002, this paper examines whether a firm is chosen as an acquisition target based on its productivity level, profitability and other characteristics and whether the performance of Japanese firms that were acquired by foreign firms improves...
Persistent link: https://www.econbiz.de/10012760742
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
This paper examines the recent upsurge in foreign acquisitions of U.S. firms, specifically focusing on acquisitions made by firms located in emerging markets. Neoclassical theory predicts that, on net, capital should flow from countries that are capital-abundant to countries that are...
Persistent link: https://www.econbiz.de/10013226196
This paper uses a firm level multi-industry data set covering 456 Chinese manufacturing sectors to assess the implications of Renminbi (RMB) real exchange rate appreciation for adjustments in employment and wage rates. We stress differences in both industry and firm characteristics within...
Persistent link: https://www.econbiz.de/10013118843
sectoral pattern of multinational activity. Using detailed customs data from China, we show that foreign affiliates and joint …
Persistent link: https://www.econbiz.de/10013127980
Each of the world's largest retailers---Walmart, Carrefour, Tesco, and Metro---entered China after 1995. Their … subsequent expansion in China may have influenced Chinese exports through two channels. First, they may have enhanced bilateral …
Persistent link: https://www.econbiz.de/10013139132
nearly 600 billion dollars, while China's official net creditor position to the rest of the world is overstated by about 50 …
Persistent link: https://www.econbiz.de/10012839470
Using a unique firm-level dataset from China's quot;Silicon Valley,quot; we investigate how multinational enterprises …
Persistent link: https://www.econbiz.de/10012751729
subcontracting. `Illegal' trade between China and Taiwan has been induced by Taiwan's `no direct trade' policy. Illegal trade such as …China's trade has three features: high incidence of re-exports through Hong Kong, high degree of trade related to ….S. data and accounting for re-exports, the U.S.-China trade balance has to be lowered by 35 percent. Foreign investments in …
Persistent link: https://www.econbiz.de/10013233022