Intrafirm trade and vertical fragmentation in U.S. multinational corporations

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Intrafirm Trade and Vertical Fragmentation in U.S. Multinational Corporations

Using firm-level data, we document two new facts regarding intrafirm trade and the activities of the foreign affiliates of U.S. multinational corporations. First, intrafirm trade is concentrated among a small number of large affiliates within large multinational corporations; the median affiliate ships nothing to the rest of the corporation. Second, we find that the input-output coefficient lin...

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ژورنال

عنوان ژورنال: Journal of International Economics

سال: 2016

ISSN: 0022-1996

DOI: 10.1016/j.jinteco.2015.08.002