G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7187
DP7187 Functional Differentiation
Susanna Sällström
发表日期2009-02-23
出版年2009
语种英语
摘要This paper presents and tests a new model of multinational firms to explain a rich array of multinational behavior. In contrast to most approaches, here the multinational faces costs to transferring its know-how that are increasing in technological complexity. Costly technology transfer gives rise to increasing marginal costs of serving foreign markets, which explains why multinational firms are often much more successful in their home market compared to foreign markets. The model has four key predictions. First, as transport costs between multinational parent and affiliate increase, firms with complex production technologies and it relatively difficult to substitute local production for imports from the parent, because complex technologies are relatively costly to transfer. Second, the activity of affiliates with complex technologies declines relatively strongly as transport costs from the home market increase, both at the intensive and the extensive margin. We also show that as transport costs from the home market increase, affiliates concentrate their imports from the parent on intermediates that are technologically more complex. We test these hypotheses by employing information on the activities of individual multinational firms, on the nature of intra-firm trade at the product level, and on the skills required for occupations with different complexity. The empirical analysis finds strong evidence in support of the model by confirming all four hypotheses. The analysis shows that accounting for costly technology transfer within multinational firms is important for explaining the structure of trade and multinational production.
主题Development Economics ; Industrial Organization ; International Trade and Regional Economics
关键词Factor cost differences Firm heterogeneity Intermediate inputs Offshoring Tasks Technological complexity Technology transfer
URLhttps://cepr.org/publications/dp7187
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/536024
推荐引用方式
GB/T 7714
Susanna Sällström. DP7187 Functional Differentiation. 2009.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Susanna Sällström]的文章
百度学术
百度学术中相似的文章
[Susanna Sällström]的文章
必应学术
必应学术中相似的文章
[Susanna Sällström]的文章
相关权益政策
暂无数据
收藏/分享

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。