Intrafirm trade and vertical fragmentation in US multinational corporations

• 成果类型: Article
• 署名作者: Ramondo, Natalia; Rappoport, Veronica; Ruhl, Kim J.
• 署名单位: University of California System; University of California San Diego; National Bureau of Economic Research; University of London; London School Economics & Political Science; University of London; London School Economics & Political Science; Centre for Economic Policy Research - UK; New York University
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2015.08.002
• 发表日期: 2016
• 页码: 51-59
• 关键词: Foreign affiliate; Parent firm; Foreign direct investment

摘要

Using firm-level data, we document two new facts regarding intrafirm trade and the activities of the foreign affiliates of U.S. multinational corporations. First, intrafirm trade is concentrated among a small number of large affiliates within large multinational corporations; the median affiliate ships nothing to the rest of the corporation. Second, we find that the input-output coefficient linking the parent's and affiliate's industries of operation a characteristic commonly associated with production fragmentation is not related to a corresponding intrafirm flow of goods. (C) 2015 Elsevier B.V. All rights reserved.