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Fears that production abroad would cause home country exports and employment to fall have not been confirmed by evidence. Multinational operations have led to a shift by parent firms in the United States toward more capital- intensive and skill- intensive domestic production. However, that type...
Persistent link: https://www.econbiz.de/10012469414
The purpose of this paper is to examine the relations among characteristics of U.S. firms, their tendency to invest abroad, and their choice of production locations. The larger the firm, and the higher its profitability, capital intensity, technological Intensity, and the skill level ofits labor...
Persistent link: https://www.econbiz.de/10012477998
direct investment by U.S. firms and the export trade of the United States, a subject of bitter controversy for at least the …
Persistent link: https://www.econbiz.de/10012478996
The relationship between direct investment and trade has always been recognized as one of the most difficult aspects of the study of multinational companies and their impact on their own countries and their affiliates' host countries. We cannot solve the fundamental dilemma of the inability to...
Persistent link: https://www.econbiz.de/10012479039
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
intensity. Affiliates that export are more sensitive to these factors in their choice of factor proportions than affiliates that …
Persistent link: https://www.econbiz.de/10012468251
We view the political process in China as trading off the social benefits of increased trade and foreign direct … of this model are estimated using province-level data on foreign direct investment and trade flows in China, over the … China may find it politically difficult to follow through with liberalizing its trade and investment regimes, such as under …
Persistent link: https://www.econbiz.de/10012471698
Weak institutions ought to deter foreign direction investment (FDI), and mass media stories highlight China …'s institutional deficiencies, yet China is now one of the world's largest FDI destinations. This incongruity characterizes China …'s paradoxical growth. Cross-country regressions show that China's FDI inflow is not exceptionally large, given the quality of its …
Persistent link: https://www.econbiz.de/10012465214
Dooley et al (2003, 2004a,b,c) argue that China seeks to raise urban employment by 10-12 million persons per year, with … about 30% of that coming from export growth. In fact, total employment increased by 7.5-8 million per year over 1997 …-2005. We estimate that export growth over 1997-2002 contributed at most 2.5 million jobs per year, with most of the employment …
Persistent link: https://www.econbiz.de/10012465094
We explore the relationship between proximity of buyers and sellers and the organizational form of outsourcing. Outsourcing can be "contractual" in which suppliers undertake specific investments or involve "generic" market transactions. Proximity expands the variety of products sourced through...
Persistent link: https://www.econbiz.de/10012466786