全球智库信息集成服务系统(G2TT): Surviving the Global Financial Crisis: Foreign Ownership and Establishment Performance

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w17141
来源ID	Working Paper 17141
	Surviving the Global Financial Crisis: Foreign Ownership and Establishment Performance
	Laura Alfaro; Maggie Chen
发表日期	2011-06-16
出版年	2011
语种	英语
摘要	We examine the differential response of establishments to the recent global financial crisis with particular emphasis on the role of foreign ownership. Using a worldwide establishment panel dataset, we investigate how multinational subsidiaries around the world responded to the crisis relative to local establishments. We find that, first, multinational subsidiaries fared on average better than local counterfactuals with similar economic characteristics. Second, among multinational subsidiaries, establishments sharing stronger vertical production and financial linkages with parents exhibited greater resilience. Finally, in contrast to the crisis period, the effect of foreign ownership and linkages on establishment performance was insignificant in non-crisis years.
主题	International Economics ; Trade ; International Factor Mobility ; International Finance
URL	https://www.nber.org/papers/w17141
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/574815
推荐引用方式 GB/T 7714	Laura Alfaro,Maggie Chen. Surviving the Global Financial Crisis: Foreign Ownership and Establishment Performance. 2011.

条目包含的文件
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w17141.pdf（187KB）	智库出版物		限制开放	CC BY-NC-SA	浏览