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This paper documents how US firms organize goods production across firm and country boundaries. Most US firms that perform physical transformation tasks in-house using foreign manufacturing plants in 2007 also own US manufacturing plants; moreover manufacturing comprises their main domestic...
Persistent link: https://www.econbiz.de/10014322707
In this paper, we study the effects of FDI on domestic employment by examining the data of Taiwan's manufacturing industry. Treating domestic production and overseas production as two distinctive outputs from a joint production function, we may estimate the effect of overseas production on the...
Persistent link: https://www.econbiz.de/10012468538
Africa's linkages in manufacturing global value chains are reasonably high compared with other developing regions. Still, linkage rates have declined steeply in recent years in non-resource rich countries in the region although they have increased sharply in countries that are rich in natural...
Persistent link: https://www.econbiz.de/10012390470
Despite the persistent fears that production abroad by U.S. multinationals reduces employment at home, there has, in fact, been almost no aggregate shift of production or employment to foreign countries. Some continuing shifts to foreign locations by U.S. manufacturing firms have been largely...
Persistent link: https://www.econbiz.de/10012471427
question of the relationship between trade and foreign direct investment ever more important. Standard theory of the …
Persistent link: https://www.econbiz.de/10012471633
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012479927
Despite awareness of the detrimental impact of CO<sub>2</sub> pollution on the world climate, countries vary widely in how they design and enforce environmental laws. Using novel micro data about firms' CO<sub>2</sub> emissions across countries, we document that firms headquartered in countries with strict...
Persistent link: https://www.econbiz.de/10012480768
Recent studies document a decline in the share of labour and a simultaneous increase in the share of residual ('factorless') income in national GDP. We argue the need for study of factor incomes in cross-border production to complement country studies. We define a GVC production function that...
Persistent link: https://www.econbiz.de/10012480893
Countries that are more engaged in production sharing exhibit higher bilateral manufacturing output correlations. We use data on trade flows between US multinationals and their affiliates as well as trade between the United States and Mexican maquiladoras to measure production-sharing trade and...
Persistent link: https://www.econbiz.de/10012464916
dealing with labor standards and trade. We then consider conceptually how foreign direct investment might affect host … investment and labor rights. This evidence indicates that multinational firms routinely provide higher wages and better working …
Persistent link: https://www.econbiz.de/10012469029