| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3353 |
| DP3353 Momentum and Turnover: Evidence from the German Stock Market | |
| Martin Weber; Markus Glaser | |
| 发表日期 | 2002-04-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | This Paper presents an empirical study of the effect of foreign multinational companies on the development of indigenous firms in the host country. Our starting point is a recent paper by Markusen and Venables (1999) that shows formally that multinationals, through the creation of linkages with indigenous suppliers, can exert positive effects on the development of indigenous firms. Based on the literature on entry in industrial organisation, we estimate empirically a model describing the entry of indigenous firms using data for the Irish manufacturing sector. Our results indicate that there is a positive effect of multinational companies on the entry of indigenous firms for a variety of alternative specifications. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Multinational companies Firm entry Host country development |
| URL | https://cepr.org/publications/dp3353 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532375 |
| 推荐引用方式 GB/T 7714 | Martin Weber,Markus Glaser. DP3353 Momentum and Turnover: Evidence from the German Stock Market. 2002. |
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