全球智库信息集成服务系统(G2TT): Selection and Market Reallocation: Productivity Gains from Multinational Production

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w18207
来源ID	Working Paper 18207
	Selection and Market Reallocation: Productivity Gains from Multinational Production
	Laura Alfaro; Maggie X. Chen
发表日期	2012-07-06
出版年	2012
语种	英语
摘要	Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity improvement; however, an alternative, less emphasized explanation is between-firm selection and market reallocation, whereby competition from multinationals leads to factor reallocation and the survival of only the most productive domestic firms. We investigate the roles of the two different mechanisms in determining the aggregate productivity gains by exploring their distinct predictions on the distributions of domestic firms: within-firm productivity improvement shifts the productivity and the revenue distributions rightward while between-firm selection and market reallocation raise the left truncation of the distributions and shift revenue leftward. Using a rich cross-country firm-level panel dataset, we find significant evidence of both mechanisms, but between-firm selection and market reallocation accounts for the majority of aggregate productivity gains, suggesting that ignoring this channel could lead to substantial bias in understanding the nature of gains from multinational production.
主题	International Economics ; International Factor Mobility ; Development and Growth ; Development ; Growth and Productivity
URL	https://www.nber.org/papers/w18207
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/575883
推荐引用方式 GB/T 7714	Laura Alfaro,Maggie X. Chen. Selection and Market Reallocation: Productivity Gains from Multinational Production. 2012.

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
w18207.pdf（467KB）	智库出版物		限制开放	CC BY-NC-SA	浏览