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来源类型Working Paper
规范类型报告
DOI10.3386/w10039
来源IDWorking Paper 10039
Foreign Owners and Plant Survival
Andrew B. Bernard; Fredrik Sjoholm
发表日期2003-10-20
出版年2003
语种英语
摘要In recent years, international capital flows of all types have increased dramatically and most governments have been actively encouraging inflows of direct investment. However, concerns remain that reliance on foreign multinationals may be a risky development strategy as foreign firms are likely to be less rooted in the local economy and may be quicker to close down production. This paper asks whether foreign owners are more likely to close plants than domestic owners. In Indonesia, plants with any foreign ownership are far less likely to close than wholly-owned domestic plants. However, the lower probability of shutdown is a result of the larger size of foreign plants rather than their nationality of ownership. Controlling for plant size and productivity, we find that foreign plants are significantly more likely to close than comparable domestic establishments.
主题International Economics ; International Factor Mobility ; Industrial Organization ; Firm Behavior
URLhttps://www.nber.org/papers/w10039
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/567665
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Andrew B. Bernard,Fredrik Sjoholm. Foreign Owners and Plant Survival. 2003.
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