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This paper empirically examines the effects of financial crises on the organization of production of multinational enterprises. We construct a panel of European multinational networks from 2003 through 2015. We use as a financial shock the increase in risk premia between August 2007 and July...
Persistent link: https://www.econbiz.de/10014480534
Die Analyse der Patentanmeldungen deutscher Unternehmen am Europäischen Patentamt zeigt: Die Unternehmen lenken ihre Forschungsaktivitäten im Ausland vor allem in die Hochtechnologiebereiche, in denen sie seit langem besonders intensiv forschen. Dies sind die Elektrotechnik, Steuerungstechnik,...
Persistent link: https://www.econbiz.de/10011601915
The activities of multinational enterprises drive the economic globalization process to a very large degree. This paper … lists some facts about their dominant role in all channels of globalization. Therefore, the importance of multinational …' activities in the analysis of the globalization process. …
Persistent link: https://www.econbiz.de/10010260609
We examine the effects of globalization on the size and composition of tax revenues, worker-specific tax burdens, and … increasing mobility of firms and high-income workers, globalization led governments in OECD countries to seek tax revenues from …-2007, they experienced a globalization-induced rise in their personal income tax rate of around 1.5, whereas the top 1% of …
Persistent link: https://www.econbiz.de/10011725459
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The Brussels Effect, once emblematic of the EU's alleged influence in shaping global regulations, has now become a factor contributing to global regulatory fragmentation. The EU must recalibrate its trajectory towards a liberal and rules-based trading order, prioritizing widespread regulatory...
Persistent link: https://www.econbiz.de/10014560198
manufacturing and product specificity of in-house production. In this framework, globalization can lead to alternating waves of … insourcing and outsourcing, but once the world market reaches a threshold size, outsourcing prevails. We also derive a number of …
Persistent link: https://www.econbiz.de/10010296394
This paper brings forward a three-country model to analyze the internationalization process in the age of globalization …
Persistent link: https://www.econbiz.de/10010260623