1.

Record Nr.

UNINA9910788221703321

Autore

Mejean Isabelle

Titolo

The Location of Domestic and Foreign Production Affiliates by French Multinational Firms / / Isabelle Mejean, Thierry Mayer, Benjamin Nefussi

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2010

ISBN

1-4623-0429-X

1-4527-7628-8

9786612845307

1-4519-6234-7

1-282-84530-6

Descrizione fisica

31 p. : ill

Collana

IMF Working Papers

Altri autori (Persone)

MayerThierry

NefussiBenjamin

Soggetti

Investments, Foreign

Investments

Corporate Finance

Econometrics

Exports and Imports

Labor

Production and Operations Management

Models of Trade with Imperfect Competition and Scale Economies

Economic Integration

International Investment

Long-term Capital Movements

Multinational Firms

International Business

Macroeconomics: Production

Discrete Regression and Qualitative Choice Models

Discrete Regressors

Proportions

Employment

Unemployment

Wages

Intergenerational Income Distribution

Aggregate Human Capital

Aggregate Labor Productivity

Finance

Multinationals



Macroeconomics

Econometrics & economic statistics

Labour

income economics

Foreign direct investment

Transnational corporations

Productivity

Logit models

Balance of payments

Economic sectors

Production

Econometric analysis

International business enterprises

Industrial productivity

Econometric models

Economic theory

France

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Bibliographic Level Mode of Issuance: Monograph

Nota di bibliografia

Includes bibliographical references.

Sommario/riassunto

Economists interested in location choices usually focus their attention on investments abroad. This neglects the fact that multinational enterprises continue to invest domestically while undertaking foreign expansion. This paper compares investments at home and abroad. Our firm-level dataset shows an important home bias in productive investments. Part of this "excessive" domestic investment is explained by standard determinants of location choices. The interdependence between affiliates of the same industrial group however accounts for the lion's share of the home bias. Moreover, French firms' propensity to invest abroad is positively related to their productivity and the size of their intangible assets.