Artikel

Export, FDI and firm productivity

Many empirical papers tested the theoretical predictions of Helpman, Melitz and Yeaple (HMY, 2004) which sorts firms at different internationalization states according to their productivity levels. While these papers ignore the fact, that the theoretical predictions of HMY only apply to firms that become engaged in market-driven Foreign Direct Investment (FDI), we apply a more precise methodology using a French firm sample with more than 110 000 observations. Our results show that firms with a broader investment strategy, reflecting a great importance of market-driven motives, show higher productivity levels than firms with less encompassing foreign investment strategies. We conclude that the methodology is well-suited to sort firms according to the importance of market-driven FDI.

Language
Englisch

Bibliographic citation
Journal: Applied Economics ; ISSN: 1466-4283 ; Volume: 44 ; Year: 2012 ; Issue: 15 ; Pages: 1931-1940 ; New York, NY: Routledge

Classification
Wirtschaft
Trade: General
Multinational Firms; International Business
Firm Behavior: Theory
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Subject
foreign direct investment
multinational enterprises
productivity

Event
Geistige Schöpfung
(who)
Engel, Dirk
Procher, Vivien
Event
Veröffentlichung
(who)
Routledge
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
(where)
New York, NY
(when)
2012

DOI
doi:10.1080/00036846.2011.556591
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Engel, Dirk
  • Procher, Vivien
  • Routledge
  • ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft

Time of origin

  • 2012

Other Objects (12)