全球智库信息集成服务系统(G2TT): DP5783 Rules of Origin for Preferential Trading Arrangements: Implications for AFTA of EU and US Regimes

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP5783
	DP5783 Rules of Origin for Preferential Trading Arrangements: Implications for AFTA of EU and US Regimes
	Jaime de Melo; Olivier Cadot; Alberto Portugal-Perez
发表日期	2006-08-03
出版年	2006
语种	英语
摘要	Transferring low tech manufacturing jobs to cheap labour countries is often seen by part of the general public and policy makers as a step into the de-industrialisation of the European economies. However, several recent contributions have shown that the effects on home economies are rarely negative and often positive. Our paper contributes to this literature by examining how outward investments to cheap labour countries affect home activities of a sample of French and Italian firms that turn multinational in the period analysed. The effects of these investments are also compared to the effects of outward investments to developed economies. The analysis is carried out by using propensity score matching in order to build an appropriate counterfactual of national firms. This provides the hypothetical benchmark of what would have happened to domestic activities if firms had not invested abroad. We find no evidence of a negative effect of outward investments to cheap labour countries. In Italy they enhance the efficiency of home activities, with also positive long term effect on output and employment. For France we find a positive effect on the size of domestic activity. Investments to developed economies from both countries have essentially scale effects which eventually trickle down on employment and productivity at home.
主题	International Trade and Regional Economics ; Labour Economics
关键词	Multinational firms Productivity Propensity score matching
URL	https://cepr.org/publications/dp5783
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/534618
推荐引用方式 GB/T 7714	Jaime de Melo,Olivier Cadot,Alberto Portugal-Perez. DP5783 Rules of Origin for Preferential Trading Arrangements: Implications for AFTA of EU and US Regimes. 2006.