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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
,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars …
Persistent link: https://www.econbiz.de/10013238944
This paper studies the expansion patterns of the multinational enterprise (MNE) in time and space. Using a long panel … reveals that the nature of the frictions to MNE activities matters for understanding the reallocation of MNE activity in time … and space and for predicting the effects of globalization shocks …
Persistent link: https://www.econbiz.de/10014106399
Foreign-owned establishments in the United States pay higher wages, on average, than domestically-owned establishments. The foreign-owned establishments tend to be in higher-wage industries and also to pay higher wages within industries. They tend to locate in lower-wage states, but to pay more...
Persistent link: https://www.econbiz.de/10013222980
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
multinationals. Over time, in most cases, the U.S.-owned affiliates turned more to sales in host-country markets and their share in …
Persistent link: https://www.econbiz.de/10013224859
This paper considers the effect of taxation on the location of foreign direct investment (FDI) and taxable income reported by multinational firms with particular attention to the regional dynamics of tax competition and the role of chains of ownership. Confidential affiliate-level data are used...
Persistent link: https://www.econbiz.de/10013239947
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 exports between the retailers' Chinese operations and...
Persistent link: https://www.econbiz.de/10013139132
The literature on the effects of foreign direct investment (FDI) and activities of multinational enterprises (MNEs) on host-countries has been almost exclusively focused on issues of productivity, growth and wages. We argue that this leaves quite a bit of important unexplored areas of inquiry,...
Persistent link: https://www.econbiz.de/10013114291
) Entering a tax haven country for the first time results in a slight reduction in the firm's ETR; (c) ETR changes vary depending …
Persistent link: https://www.econbiz.de/10013073195