کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
962762 1479088 2010 12 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Location decision of heterogeneous multinational firms
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Location decision of heterogeneous multinational firms
چکیده انگلیسی
We examine how multinational firms with heterogeneous total factor productivity (TFP) self-select into different host countries. Both aggregate- and firm-level estimates suggest that more productive French firms are more likely than their less efficient competitors to invest in relatively tough host countries. Countries with a smaller market potential, higher fixed costs of investment or lower import tariffs tend to have higher cutoff productivities and attract a greater proportion of productive multinationals. This self-selection mechanism remains largely robust when we control for unobserved firm and country heterogeneity and address potential TFP endogeneity.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of International Economics - Volume 80, Issue 2, March 2010, Pages 188-199
نویسندگان
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