Offshoring, foreign direct investment, and the structure of US trade

• 成果类型: Article; Proceedings Paper
• 署名作者: Yeaple, Stephen Ross
• 署名单位: University of Pennsylvania
• 刊物名称: JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
• ISSN/ISSBN: 1542-4766
• DOI: 10.1162/jeea.2006.4.2-3.602
• 发表日期: 2006
• 页码: 602-611
• 关键词: firms; FDI

摘要

Theory suggests that multinational enterprises (MNEs) play the role of factor service intermediaries in international trade. This paper presents the results of an empirical analysis that exploits variation in the intrafirm trade by U.S. MNEs across countries and industries to assess this theory. The results provide support for recent models of multinational enterprise and suggest that the activities of U.S. MNEs alter the structure of international trade, particularly among middle-income countries.