| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP6329
|
| DP6329 Cartel Damages Claims and the Passing-on Defence |
| Frank Verboven; Theon Van Dijk
|
| 发表日期 | 2007-06-08
|
| 出版年 | 2007
|
| 语种 | 英语
|
| 摘要 | Economists explaining location choices of foreign affiliates usually focus on country-level determinants. Costs of production, the size of expected demand, proxies for agglomeration effects, and various policy-related incentives form the usual set of covariates. Two dimensions of those choices are usually omitted. Multinational enterprises (MNEs) usually have more than one affiliate abroad and they also continue to invest domestically during their international expansion. We add to the literature on location choice by accounting for i) the entire network of affiliates of each French MNE over the 1992-2002 period, and ii) the entire set of possible choices by including the home country. Our results show that the interdependence between affiliates of the same MNE matters a great deal for location, both for the choice between different foreign countries and for the choice between investing at home or abroad. Moreover, French firms' propensity to invest abroad is shown to be positively linked to their productivity and the size of their intangible assets. |
| 主题 | International Trade and Regional Economics
|
| 关键词 | Conditional logit model
Location choice
Multinational firms
|
| URL | https://cepr.org/publications/dp6329
|
| 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/535160
|
推荐引用方式
GB/T 7714 |
Frank Verboven,Theon Van Dijk. DP6329 Cartel Damages Claims and the Passing-on Defence. 2007.
|
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
