We explore the nature of Business Groups, that is network-like forms of hierarchical organization between legally autonomous firms spanning both within and across national borders. Exploiting a unique dataset of 270,474 headquarters controlling more than 1,500,000 (domestic and foreign)...

This paper analyzes the performance of global value chains during the trade collapse. To do so, it exploits a unique transaction-level dataset on French firms containing information on cross-border monthly transactions matched with data on worldwide intrafirm linkages as defined by property...

We explore the nature of Business Groups, that is network-like forms of hierarchical organization between legally autonomous …rms spanning both within and across national borders. Exploiting a unique dataset of 270,474 headquarters controlling more than 1,500,000 (domestic and foreign) a¢...

Business Groups collect and coordinate legally autonomous firms spanning both within and across national borders . They represent a lion's share of value added generation on a world scale, and yet they received little attention in economics literature, probably due to a lack of detailed data. In...

Graph of the month Oil price and exchange rate of the Russian rouble, 2008-2014 (p. 1) Opinion corner Is Jean-Claude Juncker's EUR 315 billion European investment plan the proper answer to the EU's anaemic economic performance? (by Sándor Richter, Roman Römisch and Roman Stöllinger; pp. 2-4)...