Investment abroad and adjustment at home: Evidence from UK multinational firms

Arbeitspapier

I use within-firm, plant-level data combined with geographic information on firms’ overseas operations to examine how investment in low-wage economies affects firms’ home-country operations. To remain close to theory I focus on changes in firms’ organisational and industrial structure driven by plant closures. As predicted by models of vertical multinationals I find that investment in relatively low-wage economies is associated with plant closures in relatively low-skill, labour-intensive industries in the UK. The findings are of interest in the context of the relaxation of barriers to inward investment in low-wage economies.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IFS Working Papers ; No. 07/07

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Thema: multinational enterprises ; skills ; wages ; globalisation ; Globalisierung ; Direktinvestition ; Qualifikation ; Lohnniveau ; Multinationales Unternehmen ; Schätzung ; Großbritannien

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Simpson, Helen
• Ereignis: Veröffentlichung
• (wer): Institute for Fiscal Studies (IFS)
• (wo): London
• (wann): 2007

Weitere Informationen

• DOI: doi:10.1920/wp.ifs.2007.0707
• Handle: http://hdl.handle.net/10419/71571
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ