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The location of domestic and foreign production affiliates by French multinational firms /
Economists interested in location choices usually focus their attention on investments abroad. This neglects the fact that multinational enterprises continue to invest domestically while undertaking foreign expansion. This paper compares investments at home and abroad. Our firm-level dataset shows a...
| Clasificación: | Libro Electrónico |
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| Autores principales: | , , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2010.
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| Colección: | IMF working paper ;
WP/10/22. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Economists interested in location choices usually focus their attention on investments abroad. This neglects the fact that multinational enterprises continue to invest domestically while undertaking foreign expansion. This paper compares investments at home and abroad. Our firm-level dataset shows an important home bias in productive investments. Part of this "excessive" domestic investment is explained by standard determinants of location choices. The interdependence between affiliates of the same industrial group however accounts for the lion's share of the home bias. Moreover, French firms' propensity to invest abroad is positively related to their productivity and the size of their intangible assets |
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| Notas: | Title from PDF title page (IMF Web site, viewed February 25, 2010). At head of title: Research Department. "January 2010." |
| Descripción Física: | 1 online resource (31 pages) : color illustrations |
| Bibliografía: | Includes bibliographical references (pages 29-31). |
| ISBN: | 9781452776286 1452776288 146230429X 9781462304295 9786612845307 6612845309 1451962347 9781451962345 1282845306 9781282845305 |