Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/56074
Authors: 
Mathä, Thomas
Year of Publication: 
2001
Series/Report no.: 
SSE/EFI Working Paper Series in Economics and Finance 483
Abstract: 
This paper analyses the effects of the Single European Market and Swedish Investment liberalisation on the structure of Swedish multinationals with their EU affiliates. The empirical results suggest that the determinants associated with horizontal and vertical multinationals have become increasingly relevant between 1974 and 1994. Horizontal multinationals are increasingly deterred by large plant-level economies of scale, increasingly associated with large trade costs and relative factor endowment similarities, while vertical multinationals are increasingly associated with relative factor endowment differences. This suggests that European integration has increased competitive pressures to enhance efficiency in exploiting economies of scale, and specialisation according to comparative advantages.
Subjects: 
Single European Market
Swedish Investment Liberalisation
Country Size
Factor Endowments
Horizontal & Vertical Multinationals
JEL: 
F12
F21
F23
Document Type: 
Working Paper

Files in This Item:
File
Size
217.75 kB





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