Počet záznamů: 1
Impact of multinational enterprises on competition, productivity and trade spillovers across European firms
- 1.0540234 - NHU-C 2021 RIV CZ eng J - Článek v odborném periodiku
Hanousek, Jan - Kočenda, E. - Vozárová, P.
Impact of multinational enterprises on competition, productivity and trade spillovers across European firms.
Finance a úvěr-Czech Journal of Economics and Finance. Roč. 70, č. 2 (2020), s. 172-212. ISSN 0015-1920. E-ISSN 0015-1920
Grant CEP: GA ČR GA18-18509S
Institucionální podpora: Progres-Q24
Klíčová slova: multinational enterprise (MNE) * foreign direct investment (FDI) * European firms
Obor OECD: Applied Economics, Econometrics
Impakt faktor: 0.792, rok: 2020
Způsob publikování: Open access
https://journal.fsv.cuni.cz/mag/article/show/id/1459
We analyze the impact of multinational enterprises (MNEs), via their foreign direct investment, on domestic firms in 30 European host economies, from 2001 to 2013. We incorporate international industrial and trade linkages into a standard theoretical framework and test them empirically on a unique dataset compiled from the Amadeus, Eurostat, UNComtrade and BACI data sources, aggregated at industry level. While controlling for horizontal, vertical, and export channels at the upstream and downstream levels, we show that the presence of MNEs significantly affects domestic firms by changing the degree of competition and improving productivity. The impact is not always positive, as domestic firms are often crowded-out, but the negative effect for an average firm is mostly small.
Trvalý link: http://hdl.handle.net/11104/0317867
Počet záznamů: 1