| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w1104 |
| 来源ID | Working Paper 1104 |
| Characteristics of U.S. Manufacturing Companies Investing Abroad and their Choice of Production Locations | |
| Robert E. Lipsey; Irving B. Kravis; Linda O'; Connor | |
| 发表日期 | 1983-04-01 |
| 出版年 | 1983 |
| 语种 | 英语 |
| 摘要 | The purpose of this paper is to examine the relations among characteristics of U.S. firms, their tendency to invest abroad, and their choice of production locations. The larger the firm, and the higher its profitability, capital intensity, technological Intensity, and the skill level ofits labor force, the higher the probability that it was a foreign investor.Some of these factors were largely associated with the industry the firm was in but size, R&D, and profitability were characteristics of investing firms within individual industries.Despite its importance in determining the probability that a firm would invest abroad, size of firm appeared to have no relation to the importance of foreign investment; among firms that invested at all, large firms did not produce a higher proportion of their output abroad than small firms. The concentration of manufacturing abroad in a small number of corn-panies is largely a reflection of the concentration within the United States. The influence of size, we conclude, reflects economies of scale not in production but in investing.We found no evidence that, in general, low-wage U.S. firms tended to invest in low-wage countries or that R&D - intensive firms tended to operate more in countries with highly sophisticated or educated labor. In fact,investors in developing countries, and particularly those in some Southeast Asian countries, tended to be more R&D intensive than investors in developed countries. There was some indication that in industries other than machinery R&D - intensive firms were more inclined than others to license technology, while in the machinery industries, R&D - intensive firms tended to license less:to exploit their technological capital in foreign markets by producing there rather than by licensing. |
| 主题 | International Economics |
| URL | https://www.nber.org/papers/w1104 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558325 |
| 推荐引用方式 GB/T 7714 | Robert E. Lipsey,Irving B. Kravis,Linda O',et al. Characteristics of U.S. Manufacturing Companies Investing Abroad and their Choice of Production Locations. 1983. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w1104.pdf（484KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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。
