Sweden is home to remarkably many large, prosperous multinationals. We argue that this is partly the result of industrial policies that have been biased in favor of large firms, and an institutional setting where regulations and controls have facilitated investment abroad by Swedish firms, while...

Examining detailed data for the home-country operations of Swedish multinationals during the period 1986-94, this paper shows that there are signs of very notable structural changes in the home-country operations of these corporations. It also shows that the effects vary according to economic...

This paper examines two broad issues related to foreign investment by Swedish multinationals: first the effects of outward foreign direct investment on domestic investment, exports, and employment, and second, the effects on the domestic economy from the increasing division of labor between the...