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Autor:innen: 
Erscheinungsjahr: 
2000
Schriftenreihe/Nr.: 
SSE/EFI Working Paper Series in Economics and Finance No. 416
Verlag: 
Stockholm School of Economics, The Economic Research Institute (EFI), Stockholm
Zusammenfassung: 
Both proximity-concentration trade-off and factor proportions explanations have been forwarded to explain the existence of multinational enterprises. This paper analyses to what extent these different explanations are supported empirically, in making a first attempt to distinguish explicitly between horizontally and vertically integrated multinationals. The affiliate production share of horizontally integrated multinationals is mainly explained by low plant-level economies of scale, large host country size and similarities in relative factor endowments. Differences for vertical multinationals appear with regard to firm- and plant-level economies of scale, country size, trade costs and relative factor endowments at the national and sectoral level.
Schlagwörter: 
Trade Costs
Country Size
Factor Endowments
Horizontal & Vertical Multinationals
JEL: 
F12
F21
F23
Dokumentart: 
Working Paper

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