SSE/EFI Working Paper Series in Economics and Finance
No 416:
Proximity-Concentration versus Factor Proportion Explanation: The Case of Swedish Multinationals in the EU
Thomas Mathä ()
Abstract: Both proximity-concentration trade-off and factor
proportions explanations have been forwarded to explain the existence of
multinational enterprises. This paper analyses to what extent these
different explanations are supported empirically, in making a first attempt
to distinguish explicitly between horizontally and vertically integrated
multinationals. The affiliate production share of horizontally integrated
multinationals is mainly explained by low plant-level economies of scale,
large host country size and similarities in relative factor endowments.
Differences for vertical multinationals appear with regard to firm- and
plant-level economies of scale, country size, trade costs and relative
factor endowments at the national and sectoral level.
Keywords: Trade Costs; Country Size; Factor Endowments; Horizontal & Vertical Multinationals; (follow links to similar papers)
JEL-Codes: F12; F21; F23; (follow links to similar papers)
19 pages, November 15, 2000, Revised December 8, 2000
Before downloading any of the electronic versions below
you should read our statement on
copyright.
Download GhostScript
for viewing Postscript files and the
Acrobat Reader for viewing and printing pdf files.
Full text versions of the paper:
hastef0416.pdf 
(141kB)
Download Statistics
Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Programing by
Design by Joachim Ekebom
