| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26827 |
| 来源ID | Working Paper 26827 |
| The Structure of Multinational Firms' International Activities | |
| Ronald B. Davies; James R. Markusen | |
| 发表日期 | 2020-03-09 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | The structure of a multinational firm, that is how its affiliates relate to one another, is critical for understanding where multinationals locate, how policy affects them, and their resilience to localized shocks. Here, we review the two main structures: horizontal investments which replicate activities across borders, and vertical investments which fragment activities across countries. In addition, we use data (primarily from the US) to examine which of these structures seems to dominate the data. This includes a novel use of measures of global value-chain positioning of a country's industries. In each case, the data suggests a dominant role for horizontal investment. We conclude with a discussion of the challenge that intangibles play in multinational data and point towards potentially fertile areas for future research. |
| 主题 | International Economics ; International Factor Mobility |
| URL | https://www.nber.org/papers/w26827 |
| 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/584500 |
| 推荐引用方式 GB/T 7714 | Ronald B. Davies,James R. Markusen. The Structure of Multinational Firms' International Activities. 2020. |
| 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 | ||
| w26827.pdf（479KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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