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The rapid rise in global fragmentation - foreign investment, global supply chains, and 'production sharing' - is fundamentally reshaping the multilateral trading system. This paper uses a simple economic modeling framework to understand how the global fragmentation phenomenon may reshape the...
Persistent link: https://www.econbiz.de/10010240627
for foreign direct investors. Other FDI influencing factors such as economic development, macroeconomic stability, trade … and financial development, though very important conventional FDI location pull factors, were insignificant in all the …
Persistent link: https://www.econbiz.de/10012953156
This paper studies the effect of FDI firms' financial advantages on firm productivity in host countries and examines … the related policy implications. If FDI firms face lower financing costs but have higher fixed production costs than local … firms, a simple Melitz-type model predicts that because of their financial advantages, FDI firms could have even lower …
Persistent link: https://www.econbiz.de/10013238912
The rapid rise in global fragmentation — foreign investment, global supply chains, and ‘production sharing — is fundamentally reshaping the multilateral trading system. This paper uses a simple economic modeling framework to understand how the global fragmentation phenomenon may reshape...
Persistent link: https://www.econbiz.de/10012882807
Globalization of production is one of the dominant issues of the international economy. This paper explores how country characteristics influence the choice of developing country export bases by US multinationals. It separately analyses two types of exports by affiliates, exports to the...
Persistent link: https://www.econbiz.de/10014029226
Globalization of production is one of the dominant issues of the international economy. This paper explores how country characteristics influence the choice of developing country export bases by U.S. multinationals. It separately analyzes two types of exports, exports to the headquarters country...
Persistent link: https://www.econbiz.de/10014086213
Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic...
Persistent link: https://www.econbiz.de/10012892927
Der Beitrag analysiert die internationalen Produktionsverlagerungen und Investitionsverflechtungen in der Automobilindustrie, um die These zu überprüfen, dass es selbst bei der Herstellung relativ wissensund technologieintensiver Güter zu einem nachdrängenden Wettbewerb aus Ländern mit...
Persistent link: https://www.econbiz.de/10011491137
upgrading and their internationalization speed and breadth. Second, the four alternative upgrading strategies for … internationalization that emerging market firms use: Improvement, whereby firms upgrade processes at the local level; Integration, whereby …
Persistent link: https://www.econbiz.de/10012906817
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012213059