'Footloose' Multinationals?

Why are Multinationals ‘Footloose’?

Conclusions The ‘footloose’ effect of MNE ownership is attributable to the nature of the plants they close. Multinationals are more likely to close plants that are weakest relative to the firm. There is a high degree of similarity between the plants closed by multiplant firms regardless of whether they are MNE or not. However, MNEs offshore high wage plants while domestic multiplant firms outso...

Globalisation , Productivity and Technology Research Paper 2009 / 27 Why are Multinationals “ Footloose ” ?

This paper investigates why multinational ownership is found to increase the probability that a plant will exit. It does so by using Japanese plant data linked to firm data. Plants belonging to a multinational are 9 percentage points more likely to exit when plant, firm and industry characteristics are conditioned on. We find that the “footloose” effect is attributable to multinationals closing...

Bilateral Migration and Multinationals

This paper starts by observing two novel facts. First, bilateral migration flows are pervasive across OECD countries, both for high-skilled and low-skilled workers. This fact goes against the common belief that migration merely reallocates cheap labor from poor to rich countries. Second, multinational corporations tend to hire a large number of migrant workers. In this paper I develop a general...

"Towards « Participative » Multinationals"

Vision on the move: Technologies for the footloose

ce. Getting up to speed in a taxi (Fig. 1) is not unusual for many professionals. They are nomads even though their work is highly information intensive, requiring people to carry their work materials around with them. Creative work, central to many professions in aesthetic design and architecture, is a particular case in point. Close observation of the how, why and where of creative work can b...