Fragmentation of headquarter services and FDI
نویسندگان
چکیده
منابع مشابه
Economic Fragmentation and FDI in China
China is one of the most popular investment destinations in the world. This paper argues that FDI inflows into China are in fact driven by some fundamental inefficiencies in the Chinese economy. Specifically, one of the inefficiencies has to do with a high level of fragmentation of both goods and asset markets. This fragmentation increases demand for FDI both because market fragmentation makes ...
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Communication is a real barrier to organizing international production as it hinders knowledge transmission. This paper provides evidence to suggest that a way in which multinational firms economize on costly information transfers is by using skilled foreign workers, since local talent can substitute for knowledge inputs from the headquarters. Combining U.S. data on headquarter service exports ...
متن کاملFragmentation and Services
We develop a model that explores the link between services and fragmentation. In our model components used in the manufacturing process are made with services and labor. Low foreign wages create an incentive to outsource component production (fragmentation). However, the importance of services in the manufacturing process can play a role in limiting fragmentation. Although advanced economies ha...
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This study analyses the complex relationship between manufacturing FDI and trade in services. An examination of how recent developments in the economic landscape have resulted in changes in the industrial organisation as well the structure of multinational enterprises is presented. This analysis serves as the foundation for a discussion of fragmentation—and the increased use of traded services ...
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Trade in services has grown more rapidly than merchandise trade. Information technology and business process outsourcing are among the fastest growing sectors in terms of services export.FDI is widely viewed as being one of the principal vehicles for the international transfer of technology. FDI results in increase in productive capital stock, technological growth, and facilitates transfer of m...
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ژورنال
عنوان ژورنال: The North American Journal of Economics and Finance
سال: 2005
ISSN: 1062-9408
DOI: 10.1016/j.najef.2004.11.004