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shock affecting firms using inputs similar to the imported Chinese goods. Combining French accounting, customs, and patent …
Persistent link: https://www.econbiz.de/10012616643
Despite the recent rapid development and greater openness of China's economy, FDI flows between China and technologically advanced countries are relatively small in both directions. We assess global capital flows in light of China's quid pro quo policy of exchanging market access for transfers...
Persistent link: https://www.econbiz.de/10012459412
This paper builds a multi-country, multi-sector general equilibrium model that explains the decision of heterogeneous firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve different relative costs, some of which are sunk while...
Persistent link: https://www.econbiz.de/10012469264
Using U.S. Bureau of Economic Analysis data for individual foreign acquisitions and new establishments in the U.S from 1988 to 1998, and aggregate data for 1980 to 1998, we find that acquisitions and establishments of new firms tend to occur in periods of high U.S. growth and take place mainly...
Persistent link: https://www.econbiz.de/10012469589
Recent theoretical work tends to characterize multinational enterprises as arising through either horizontal or vertical foreign direct investment (FDI). Empirical research tends to find stronger support for the former than for the latter. In this paper, we use recent, detailed data on U.S....
Persistent link: https://www.econbiz.de/10012470286
a war to depose Iraqi ruler Saddam Hussein. In response, calls in the United States for a boycott of French products …, wine in particular, rebounded through all forms of media. In the spring of 2003, French business people even reported that … that there actually was no boycott effect. Rather, sales of French wine dipped for two reasons. First, they experience a …
Persistent link: https://www.econbiz.de/10012465394
We study the cross-sectional dispersion of prices paid by EMU importers for French products. We document a significant …
Persistent link: https://www.econbiz.de/10012480190
French policies that funded payments to Germany. Occupation payments required a 16 percent reduction of consumption for …
Persistent link: https://www.econbiz.de/10012466518
universe of French firm-level value added, bilateral imports and exports, and cross-border ownership over the period 1993 …
Persistent link: https://www.econbiz.de/10012456787
We examine entry across 113 national markets in 16 different industries using a comprehensive data set of French … selling to multiple markets falls off with the number of destinations with an elasticity of -2.5; (3) Decomposing French … exports to each destination into the size of the market and French share, variation in market share translates nearly …
Persistent link: https://www.econbiz.de/10012468349