Location decision of heterogeneous multinational firms
نویسندگان
چکیده
منابع مشابه
Location decision of heterogeneous multinational firms
In this paper we examine how multinational rms with varied levels of total factor productivity (TFP) self-select into di¤erent host countries. Using a dataset that records the subsidiaries of French manufacturing multinationals, we nd that rm-level TFP plays an important role in explaining the sorting of French rms across host countries. Both the aggregateand rm-level estimates suggest tha...
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Wholesale affiliates account for a significant share of the foreign earnings of multinational firms. Yet little is known about them since empirical work on multinationals typically focuses on manufacturing affiliates. Instead, it has been presupposed that wholesale affiliates are a form of exporting by the parent company, and not a form of foreign direct investment. This paper presents evidence...
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As developing economies have increasingly implemented investment liberalization to attract foreign investment, its impact on multinational firms is a crucial policy question. This paper seeks to quantify the response of individual multinational firms to a reduction in investment costs in developing countries. Calibrating the firm-heterogeneity model of Eaton, Kortum, and Kramarz (2011) to match...
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Zimmerman (1995) notes that the two most frequently observed transfer pricing methods are market price transfer pricing and full cost transfer pricing. Under the rst of these, the transfer price observed by the local manager is the marginal cost plus a markup over marginal cost which reects the price elasticity of demand of the product in an external market. This markup will be denoted j and ...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2010
ISSN: 0022-1996
DOI: 10.1016/j.jinteco.2009.08.007