全球智库信息集成服务系统(G2TT): DP7475 Estimating Gender Differences in Access to Jobs: Females Trapped at the Bottom of the Ladder

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP7475
	DP7475 Estimating Gender Differences in Access to Jobs: Females Trapped at the Bottom of the Ladder
	Laurent Gobillon; Dominique Meurs; Sébastien Roux
发表日期	2009-09-27
出版年	2009
语种	英语
摘要	Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross-border expansion of firms. But firms may also need external finance to shoulder the costs of entering foreign markets. We develop a model of multinational firms facing real and financial barriers to foreign direct investment (FDI), and we analyze their im-pact on the FDI decision (the extensive margin) and foreign affiliate sales (the intensive mar-gin). We provide empirical evidence based on a detailed dataset of German multinationals which contains information on parent-level and affiliate-level financial constraints as well as on the location the foreign affiliates. We find that financial factors constrain firms? foreign investment decisions, an effect felt in particular by large firms. Financial constraints at the parent level matter for the extensive, but less so for the intensive margin. For the intensive margin, financial constraints at the affiliate level are relatively more important.
主题	International Trade and Regional Economics
关键词	Financial constraints Heterogeneity Multinational firms Productivity
URL	https://cepr.org/publications/dp7475
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/536312
推荐引用方式 GB/T 7714	Laurent Gobillon,Dominique Meurs,Sébastien Roux. DP7475 Estimating Gender Differences in Access to Jobs: Females Trapped at the Bottom of the Ladder. 2009.