Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/216756 
Year of Publication: 
2020
Series/Report no.: 
MaxPo Discussion Paper No. 20/2
Publisher: 
Max Planck Sciences Po Center on Coping with Instability in Market Societies (MaxPo), Paris
Abstract: 
The definition of various growth models is the latest innovation of comparative capitalism (CC) research. Yet, the literature has its weaknesses in explaining the dynamics within and the interdependencies between different growth models. I argue that this weakness stems inter alia from an inadequate conceptualization of transnational corporations (TNCs). I provide empirical evidence on the footprint of international capital in the global economy and outline how including TNCs as a unit of analysis can help us to better understand economic outcomes. This leads to several implications for the growth models literature, which I conclude my argument with.
Subjects: 
institutions and the macroeconomy
international business
multinational firms
political economy
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.