05759oam 22015374 450 991078822170332120230725040457.01-4623-0429-X1-4527-7628-897866128453071-4519-6234-71-282-84530-6(CKB)3170000000055403(SSID)ssj0000941860(PQKBManifestationID)11967094(PQKBTitleCode)TC0000941860(PQKBWorkID)10964395(PQKB)10218141(OCoLC)528915014(MiAaPQ)EBC1606010(IMF)WPIEE2010022(EXLCZ)99317000000005540320020129d2010 uf 0engurcn|||||||||txtccrThe Location of Domestic and Foreign Production Affiliates by French Multinational Firms /Isabelle Mejean, Thierry Mayer, Benjamin NefussiWashington, D.C. :International Monetary Fund,2010.31 p. illIMF Working PapersBibliographic Level Mode of Issuance: Monograph1-4519-1870-4 Includes bibliographical references.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.IMF Working Papers; Working Paper ;No. 2010/022Investments, ForeignInvestmentsCorporate FinanceimfEconometricsimfExports and ImportsimfLaborimfProduction and Operations ManagementimfModels of Trade with Imperfect Competition and Scale EconomiesimfEconomic IntegrationimfInternational InvestmentimfLong-term Capital MovementsimfMultinational FirmsimfInternational BusinessimfMacroeconomics: ProductionimfDiscrete Regression and Qualitative Choice ModelsimfDiscrete RegressorsimfProportionsimfEmploymentimfUnemploymentimfWagesimfIntergenerational Income DistributionimfAggregate Human CapitalimfAggregate Labor ProductivityimfFinanceimfMultinationalsimfMacroeconomicsimfEconometrics & economic statisticsimfLabourimfincome economicsimfForeign direct investmentimfTransnational corporationsimfProductivityimfLogit modelsimfBalance of paymentsimfEconomic sectorsimfProductionimfEconometric analysisimfInvestments, ForeignimfInternational business enterprisesimfIndustrial productivityimfEconometric modelsimfEconomic theoryimfFranceimfInvestments, Foreign.Investments.Corporate FinanceEconometricsExports and ImportsLaborProduction and Operations ManagementModels of Trade with Imperfect Competition and Scale EconomiesEconomic IntegrationInternational InvestmentLong-term Capital MovementsMultinational FirmsInternational BusinessMacroeconomics: ProductionDiscrete Regression and Qualitative Choice ModelsDiscrete RegressorsProportionsEmploymentUnemploymentWagesIntergenerational Income DistributionAggregate Human CapitalAggregate Labor ProductivityFinanceMultinationalsMacroeconomicsEconometrics & economic statisticsLabourincome economicsForeign direct investmentTransnational corporationsProductivityLogit modelsBalance of paymentsEconomic sectorsProductionEconometric analysisInvestments, ForeignInternational business enterprisesIndustrial productivityEconometric modelsEconomic theoryMejean Isabelle1509557Mayer Thierry300994Nefussi Benjamin1509558International Monetary Fund.DcWaIMFBOOK9910788221703321The Location of Domestic and Foreign Production Affiliates by French Multinational Firms3741521UNINA