Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/244429 
Authors: 
Year of Publication: 
2007
Series/Report no.: 
Working Paper No. 7/2007
Publisher: 
Örebro University School of Business, Örebro
Abstract: 
Are multinational enterprises MNEs more likely than none-MNEs, owing to their footlose charater, to close down their plants? The results from using a panel o all Swedish manufacturing plants over the period 1993 and 2002 suggest that MNE plants, and in particular Swedish MNE plants, have higher probability to exit the market than non-MNE plants. The outcome is robust controlling for other variables affecting the survival rates. Among non-MNE plants the probabilities of exit is higher in non-exporting firms than in exporting firms. Moreover, the increased forefin presence in swedish manufacturing seems, due to intesified competition, to have led to higher exit rates of plants in non-exporting non-MNEs. Plants of globally engaged indigenous firms, such as plants of Swedish MNEs and exporting non-MNEs, appear. on the other hand, to have been unaffected of the increased foregin presence.
Subjects: 
Survival analysis
multinational enterprises
foregin ownership
JEL: 
C41
F23
J31
Document Type: 
Working Paper

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