activities of foreign manufacturing affiliates of Japanese multinational corporations (MNCs) and U.S. MNCs in those markets … in the context of a typical gravity model explaining the cross-country variation of Japan's manufacturing exports. Second … manufacturing affiliates of Japanese MNCs there. There is no evidence that Japanese-owned host country production replaces Japanese …

enterprises increased.The comparative advantage of U.S. multinational firms, as measured by the industry distribution of their … the U.S. to the affiliates' host countries. The shift took place in all the industry groups but was largest for metals and …

these factors were largely associated with the industry the firm was in but size, R&D, and profitability were … manufacturing abroad in a small number of corn-panies is largely a reflection of the concentration within the United States. The … in industries other than machinery R&D - intensive firms were more inclined than others to license technology, while in …

.S. comparative advantage to takeovers is also negative, but never significant. High U.S. stock prices, industry profitability, and … industry growth discourage takeovers. High U.S interest rates and high investing country growth and currency values encourage …