Over 2000 books to read online or download to your PC, Kindle, Android, iPad, iPhone and any electronic book reader
Find an eBook by title or author...


 Electronic books  Economics and Business  Development Economics 
----------------------
The Few Leading the Many
Jörn Kleinert - Julien Martin - Farid Toubal
eBook Edition: 2012
 
This paper uses micro-data on balance sheets, trade, and the nationality of ownership of firms in France to investigate the effect of foreign multinationals on business cycle comovement. We first show that foreign affiliates, which represent a tiny fraction of all firms, are responsible for a high share of employment, value added, and trade both at the national and at the regional levels. We also show that the distribution of foreign affiliates across regions differs with the nationality of the parent. We then show that foreign affiliates increase the comovement of activities between their region of location and their country of ownership. We find that intra-firm trade in intermediate inputs is a significant channel of influence of business cycle comovement.(From Author)

eBook Contents

Non-technical summary - Abstract - Résumé non technique - Résumé court - Introduction - Sources of Influence - The Data - The Key Role of Foreign Affiliates - Empirical Strategy - Econometric Results - Conclusion - References - Appendix - List of working papers released by CEPII

eBook License: Copyrighted (Personal Use Only by downloading from CEPII)

Free PDF eBook - 762 Kb - 55 Pages
Welcome to eBooks for All! On this site you can read online for free and legally digital books (eBooks) or download them directly to your PC, eBook reader, Tablet or smartphone.
Last 10 added electronic books
Acceptance and Commitment Therapy For Depression in Veterans 
An Overview Of Methods For Treating Selectivity In Big Data Sources 
The Attraction of Company Online Communities 
The Future Is Now: Science For Achieving Sustainable Development 
Human Rights In The Age Of Artificial Intelligence 
Content Marketing Workbook 
A Guide to Improving Your SEO 
Self-Care Planning Guide For Individuals 
Mindfulness-Based Stress Reduction - Authorized Curriculum Guide 
The Murder on the Links