| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP5759
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| DP5759 Bribes, Lobbying and Development |
| Jakob Svensson; Bård Harstad
|
| 发表日期 | 2006-07-17
|
| 出版年 | 2006
|
| 语种 | 英语
|
| 摘要 | How does outward foreign direct investment (FDI) affect employment growth of the multinationals (MNCs) in the home country? Does the impact of outward investment differ by the level of development of the destination country of the FDI? Using a difference-in-difference approach, we assess the impact of starting to invest in less advanced countries, of investing in more advanced countries, and of changing the direction of one?s investment from more to less advanced nations. To obtain suitable control groups in each case, we use the propensity score method to select national firms that ex post did not make investment decisions even though ex ante they would have been equally likely to each multinational. We find that moving to less advanced countries (as an initial foreign investment or as a redirection of previous investment) decreases a company?s employment growth rate. On the other hand, moving to more advanced countries does not affect employment growth in any significant way. |
| 主题 | International Trade and Regional Economics
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| 关键词 | Multinationals
|
| URL | https://cepr.org/publications/dp5759
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| 来源智库 | Centre for Economic Policy Research (United Kingdom)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534601
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推荐引用方式
GB/T 7714 |
Jakob Svensson,Bård Harstad. DP5759 Bribes, Lobbying and Development. 2006.
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