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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w6203 |
来源ID | Working Paper 6203 |
Vertical Multinationals and Host-Country Characteristics | |
Kevin H. Zhang; James R. Markusen | |
发表日期 | 1997-09-01 |
出版年 | 1997 |
语种 | 英语 |
摘要 | The literature on multinationals and developing countries has examined the causality" running from direct investment to changes in country characteristics (wages skills, etc.) and also the opposite direction of causality, from existing country characteristics to" inward direct investment. This paper contributes to the second line of research the question of what country characteristics, particularly market size and labor-force" composition, attract inward investment. This approach is motivated by the empirical" observation that the poorest countries attract a far smaller share of world direct investment than" their share of income. Small markets receive less investment per capita than larger ones. We" develop a model that generates both stylized facts in equilibrium, suggesting the existence of a" development trap for small, skilled-labor-scarce countries. |
主题 | International Economics ; Trade ; International Factor Mobility |
URL | https://www.nber.org/papers/w6203 |
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/563711 |
推荐引用方式 GB/T 7714 | Kevin H. Zhang,James R. Markusen. Vertical Multinationals and Host-Country Characteristics. 1997. |
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 | ||
w6203.pdf(1057KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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