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来源类型Working Paper
规范类型报告
DOI10.3386/w15576
来源IDWorking Paper 15576
The Global Agglomeration of Multinational Firms
Laura Alfaro; Maggie Chen
发表日期2009-12-10
出版年2009
语种英语
摘要The explosion of multinational activities in recent decades is rapidly transforming the global landscape of industrial production. But are the emerging clusters of multinational production the rule or the exception? What drives the offshore agglomeration of multinational firms in comparison to the agglomeration of domestic firms? Using a unique worldwide plant-level dataset that reports detailed location, ownership, and operation information for plants in over 100 countries, we construct a spatially continuous index of agglomeration and analyze the different patterns underlying the global economic geography of multinational and non-multinational firms. We present new stylized facts that suggest the offshore clusters of multinationals are not a simple reflection of domestic industrial clusters. Agglomeration economies including technology diffusion and capital-good market externality play a more important role in the offshore agglomeration of multinationals than the agglomeration of domestic firms. These findings remain robust when we explore the process of agglomeration.
主题Microeconomics ; Households and Firms ; International Economics ; International Factor Mobility ; Regional and Urban Economics ; Regional Economics ; Real Estate
URLhttps://www.nber.org/papers/w15576
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/573252
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GB/T 7714
Laura Alfaro,Maggie Chen. The Global Agglomeration of Multinational Firms. 2009.
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