We examine how multinational firms with heterogeneous total factor productivity (TFP) self-select into different host countries. Both aggregate- and firm-level estimates suggest that more productive French firms are more likely than their less efficient competitors to invest in relatively tough...

We examine how multinational Örms with heterogeneous total factor productivity (TFP) self-select into different host countries. Both aggregate- and Örm-level estimates suggest that more productive French Örms are more likely than their less efficient competitors to invest in relatively tough...

The majority of multinational firms today operate a multilateral production network. Most existing empirical analyses have, however, focused on firms' choice between producing at home and investing overseas and assumed a firm's decision to invest in a foreign country is independent of its...

Most multinational firms today operate multilateral production networks. Most existing emperical analyses, however, have focused on the choice between producing at home and investing overseaas and assumed firms' decisions to invest in foreign countries to be interdepedent of their locations in...

The explosion of multinational activities in recent decades is rapidly transforming the global landscape of industrial production. But are the emerging clusters of multinational production the rule or the exception? What drives the offshore agglomeration of multinational firms in comparison to...

The majority of multinational firms today operate a multilateral production network. Most existing empirical analyses have, however, focused on firms' choice between producing at home and investing overseas and assumed that a firm's decision to invest in a foreign country is independent of its...

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...