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The purpose of this paper was to investigate whether there is a relationship between the degree of wage dispersion in a country and its price level relative to other countries, compared in a common currency. It was found that once a country's real per capita income and deviations of its exchange...
Persistent link: https://www.econbiz.de/10012472778
Persistent link: https://www.econbiz.de/10001511918
In each of three financial and exchange rate crises, Latin America in 1982, Mexico in 1994, and East Asia in 1997, direct investment inflows into the affected countries have behaved differently from other forms of investment, and U.S. manufacturing affiliates have behaved differently from other...
Persistent link: https://www.econbiz.de/10012470645
Direct investment has accounted for about a quarter of total international capital outflows in the 1990s and appears to … have grown, relative to other forms of international investment, since the 1970s. The United States was by far the major … Investment flows have been the least volatile source of international investment for most countries, the chief exception being …
Persistent link: https://www.econbiz.de/10012471030
Standard International Trade Classification, Revision 2 (with some modification); and the Compatible Trade and Production …-1985, classified according to the International Standard Industrial Classification, Revision 2. These databases are available to …
Persistent link: https://www.econbiz.de/10012472918
, international organizations, and the press, these numbers are a reminder of how large a proportion of economic activity is confined …
Persistent link: https://www.econbiz.de/10012473482
U.S.-owned manufacturing affiliates in foreign countries tended to become more export-oriented between 1966 and 1977. The shift toward exporting characterized affiliates in most industries and most countries.The bulk of U.S.-owned production abroad continues to be for local sale in most...
Persistent link: https://www.econbiz.de/10012478068
We use new international price measures we have developed for machinery and transport equipment to explain changes in …
Persistent link: https://www.econbiz.de/10012478615
of available data for the study of international trade and foreign direct investment. Data on values of imports and …
Persistent link: https://www.econbiz.de/10012462401
As production comes to depend more on intangible productive assets, the location of production by multinational firms becomes increasingly ambiguous. The reason is that, within the firm, these assets have no clear geographical location, but only a nominal location determined by the firm's tax or...
Persistent link: https://www.econbiz.de/10012464523