登入選單

返回Google圖書搜尋

Characterising Euro Area Multinationals

Ingo GeisheckerHolger GörgDaria Taglioni

出版	SSRN, 2009
URL	http://books.google.com.hk/books?id=jajezwEACAAJ&hl=&source=gbs_api

註釋

This study uses firm-level data on a large sample of European manufacturing firms to investigate the links between opening up foreign affiliates and firms productivity. The analysis is guided by recent theoretical models of international trade with firm heterogeneity. The paper finds that while only a small share of euro area firms locate affiliates abroad, these firms account for over-proportionally large shares of output, employment and profits in their home countries. They have higher survival rates and their productivity growth is also higher. The strongest contribution is by productivity growth of existing firms with a multinational status rather than entry into the multinational status. Finally, there are performance premia for multinationals with a large number of affiliates abroad relative to those with a small number.