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Offshoring Strategies: Evolving Captive Center Models
Oshri, Ilan - The MIT Press
In today’s globalized economy, firms often consider offshoring when confronted by rising costs and fierce competition. One mode of offshoring has continued to grow despite the current global economic turmoil: the captive center. Captive centers are offshore subsidiaries or branch offices that...
Persistent link: https://www.econbiz.de/10008919677
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Pure Exporter: Theory and Evidence
Jiangyong, Lu; Yi, Lu; Zhigang, Tao - Volkswirtschaftliche Fakultät, … - 2011
This paper provides the first evidence about pure exporters (i.e., firms exporting all of their output to the foreign market) -- a phenomenon overlooked and cannot be explained in the existing literature. It then offers a generalized model of Melitz (2003) for examining the existence and...
Persistent link: https://www.econbiz.de/10008919787
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The Organization of Production and Trade
Lu, Chia-Hui; Peng, Shin-Kun; Wang, Ping - Institute of Economics, Academia Sinica - 2011
We construct a uni…ed framework to study under what conditions one of the three frequently observed organizational structures of international middle-product production may arise in equilibrium: (i) separation of upstream and downstream …firms with middle-product trade, (ii) vertical...
Persistent link: https://www.econbiz.de/10008922986
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Foreign presence, technical efficiency and firm survival in Greece: a simultaneous equation model with latent variables approach
Louri, Helen; Peppas, Costas; Tsionas, Efthymios - Volkswirtschaftliche Fakultät, … - 2006
The aim of the paper is to explain the role that technical efficiency and foreign spillover effects have on firm … survival. Panel data from Greek manufacturing industry (3142 firms) in 1997-2003 are used. Technical efficiency is estimated …, technical efficiency affects hazard in a negative way, improving survival expectations. …
Persistent link: https://www.econbiz.de/10008923037
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Foreign Manufacturing Multinationals and the Transformation of the Chinese Economy: New Measurements, New Perspectives
Moran, Theodore H. - Peter G. Peterson Institute for International Economics … - 2011
What is the relationship between foreign manufacturing multinational corporations (MNCs) and the expansion of indigenous technological and managerial technological capabilities among Chinese firms? China has been remarkably successful in designing industrial policies, joint venture requirements,...
Persistent link: https://www.econbiz.de/10009001015
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Which Foreigners are Worth Wooing? A Meta-Analysis of Vertical Spillovers from FDI
Havranek, Tomas; Irsova, Zuzana - William Davidson Institute, University of Michigan - 2010
The principal argument for subsidizing foreign investment, especially in developing and transition economies, is the assumed spillover of technology to local firms. Yet researchers report mixed results on spillovers. To examine the phenomenon in a systematic way, we collected 3,626 estimates...
Persistent link: https://www.econbiz.de/10009001051
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Exporting Christianity: Governance and Doctrine in the Globalization of US Denominations
Hanson, Gordon; Xiang, Chong - National Bureau of Economic Research (NBER) - 2011
In this paper we build a model of market competition among religious denominations, using a framework that involves incomplete contracts and the production of club goods. We treat denominations akin to multinational enterprises, which decide which countries to enter based on local market...
Persistent link: https://www.econbiz.de/10009001150
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Trade Liberalization, Technical Change and Firm Level Restructuring in the South African Automotive Component Sector
Black, Anthony - In: Institutions and Economies (formerly known as … 3 (2011) 2, pp. 173-202
This paper examines the interplay between trade liberalization and the processes of learning, technical change and capability development in the South African automotive component sector. Using case studies based on firm level interviews conducted at various points since 1992, it illustrates how...
Persistent link: https://www.econbiz.de/10009001781
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Foreign Direct Investment, Host Country Factors and Economic Growth
Solomon, Edna Maeyen - In: Ensayos Revista de Economia XXX (2011) 1, pp. 41-70
This paper analyses how the levels of economic development, human capital, financial development and the qualities of the economic and political environments in host countries simultaneously affects the impact of aggregate inflows of Foreign Direct Investment (FDI) on economic growth. Multiple...
Persistent link: https://www.econbiz.de/10009001991
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A Race to the Bottom? Employment Protection and Foreign Direct Investment
Olney, William W. - Center for Development Economics, Williams College - 2010
A common critique of globalization is that it leads to a race to the bottom. Speci?cally, it is assumed that multinationals invest in countries with lower regulatory standards and that countries competitively undercut each other's standards in order to attract foreign capital. This paper tests...
Persistent link: https://www.econbiz.de/10009002064