Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10012153364
Persistent link: https://www.econbiz.de/10011750231
Persistent link: https://www.econbiz.de/10011655501
I propose a general equilibrium framework where firms decide whether to outsource or integrate input manufacturing, domestically or abroad. By outsourcing, firms may benefit from suppliers' technologies, but pay mark-up prices. By sourcing intrafirm, they save on mark-ups and pay possibly lower...
Persistent link: https://www.econbiz.de/10010633005
Persistent link: https://www.econbiz.de/10012005232
Persistent link: https://www.econbiz.de/10011458102
Persistent link: https://www.econbiz.de/10014480119
Bilateral tax treaties (BTTs) are intended to promote foreign direct investment through double-taxation relief. Using BEA firm-level data, we find a positive effect of BTTs on FDI, which is larger for firms that use differentiated inputs. BTTs allow multinational firms to request assistance from...
Persistent link: https://www.econbiz.de/10010761772
Traditional proximity-concentration models of the decision to serve foreign markets through exports or FDI sales tend to overemphasize physical transport costs and market size while underemphasizing the cost of transmitting information. I augment those models with the importance of interacting...
Persistent link: https://www.econbiz.de/10010574413
What determines the boundary of multinational firms? According to Williamson (1975), a potential rationale for vertical integration is to facilitate adaptation in a world where uncertainty is resolved over time. This paper offers the first empirical analysis of the impact of adaptation on the...
Persistent link: https://www.econbiz.de/10005710437