Interdependence in multinational production networks

被引:11
作者
Chen, Maggie Xiaoyang [1 ,2 ]
机构
[1] George Washington Univ, Dept Econ, Washington, DC 20052 USA
[2] George Washington Univ, Elliott Sch Int Affairs, Washington, DC 20052 USA
来源
CANADIAN JOURNAL OF ECONOMICS-REVUE CANADIENNE D ECONOMIQUE | 2011年 / 44卷 / 03期
关键词
ECONOMIC-INTEGRATION; FDI; INTRAINDUSTRY; EXPORT; TRADE;
D O I
10.1111/j.1540-5982.2011.01661.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Most multinational firms today operate multilateral production networks. Most existing empirical analyses, however, have focused on firms' choice between producing at home and investing overseas. This paper uses detailed French multinational subsidiary data to examine the effect of existing production networks on multinationals' entry decisions. The paper finds strong horizontal and vertical interdependence across multinationals' foreign production locations, but little interdependence between home and foreign production when third-country effects are taken into account. This result constitutes a sharp contrast to the conventional emphasis and highlights the importance of investigating foreign direct investment in the context of multinational production networks. JEL classification: F23, D21
引用
收藏
页码:930 / 956
页数:27
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