Advanced Search
MyIDEAS: Login

Productivity Effects of United States Multinational Enterprises: The Roles of Market Orientation and Regional Integration

Contents:

Author Info

  • Roger Smeets
  • Yingqi Wei

Abstract

Smeets R. and Wei Y. Productivity effects of United States multinational enterprises: the roles of market orientation and regional integration, Regional Studies. This paper considers the role of market orientation and regional integration in foreign direct investment (FDI) productivity effects. Using data of United States multinational enterprises operating in eight industries and thirteen Organisation for Economic Co-operation and Development (OECD) countries during 1987-2003, the productivity effects of local market-oriented FDI versus export-oriented FDI are compared, with the latter being split into FDI oriented at the parent and that at parties in third countries. Their productivity effects are also considered within two regional agreements: the Canadian-United States Free Trade Agreement (CUSFTA) and the European Union. Robust positive horizontal effects of parent firm-oriented FDI and third-country-oriented FDI are found, with notable differences in the effects of these FDI types between CUSFTA and the European Union. [image omitted] Smeets R. et Wei Y. Les effets productivite des societes multinationales aux Ue: le role de l'orientation marche et de l'integration regionale, Regional Studies. Cet article cherche a evaluer le role de l'orientation marche et de l'integration regionale dans les effets productivite de l'IDE. A partir des donnees sur les societes multinationales aux E-U installees dans huit industries et treize pays-membres de l'OCDE entre 1987 et 2003, on compare les effets productivite de l'IDE oriente vers le marche local a l'IDE a vocation exportatrice, ce dernier etant divise entre l'IDE oriente vers la maison-mere et celui qui est oriente vers des partenaires situees dans des pays tiers. On considere aussi leurs effets productivite dans deux zones regionales: a savoir, la CUSFTA (la zone du libre-echange entre le Canada et les Etats-Unis) et l'Ue. Il s'avere des effets horizontaux positifs soutenus quant a l'IDE oriente vers la maison-mere et les pays tiers, y compris d'importantes differences des effets de ces categories d'IDE entre la CUSFTA et l'Ue. Retombees IDE Orientation marche Integration regionale Smeets R. und Wei Y. Produktivitatseffekte multinationaler Unternehmen in den USA: die Rolle der Marktorientierung und regionalen Integration, Regional Studies. In diesem Beitrag untersuchen wir die Rolle der Marktorientierung und regionalen Integration auf die Produktivitatseffekte auslandischer Direktinvestitionen. Anhand der Daten US-amerikanischer multinationaler Unternehmen, die zwischen 1987 und 2003 in acht Branchen und 13 OECD-Staaten tatig waren, vergleichen wir die Produktivitatseffekte von am lokalen Markt orientierten Auslandsdirektinvestitionen mit denen von exportorientierten Auslandsdirektinvestitionen, wobei in der zweiten Kategorie zwischen Investitionen, die sich an der Muttergesellschaft orientieren, und Investitionen, die sich an Parteien in Drittlandern orientieren, unterschieden wurde. Ebenso untersuchen wir die Auswirkungen auf die Produktivitat innerhalb von zwei Regionalabkommen: dem CUSFTA und der EU. Wir finden robuste positive horizontale Auswirkungen auf die muttergesellschafts- und drittlandorientierten Auslandsdirektinvestitionen, wobei sich im Vergleich zwischen CUSFTA und EU deutliche Unterschiede hinsichtlich der Auswirkungen dieser Arten von Auslandsdirektinvestitionen zeigen. Ubertragungen durch Auslandsdirektinvestitionen Marktorientierung Regionale Integration Smeets R. y Wei Y. Efectos de productividad de empresas multinacionales de los Estados Unidos: los roles de la orientacion mercantil y la integracion regional, Regional Studies. En este articulo analizamos el papel de la orientacion mercantil y la integracion regional en los efectos de productividad de la Inversion Directa Extranjera (IDE). Con ayuda de datos de empresas multinacionales estadounidenses que operaron en 8 industrias y 13 paises de la OCDE durante 1987-2003, comparamos los efectos de la productividad de la IDE en mercados locales con la IDE en mercados de exportacion, esta ultima dividida entre la IDE para sociedades matrices y partidos en paises terceros. Asimismo consideramos sus efectos de productividad en el marco de dos acuerdos regionales: el CUSFTA (Tratado de Libre Comercio entre Canada y Estados Unidos) y la UE. Observamos solidos efectos horizontales positivos de la IDE en sociedades matrices y la IDE en paises terceros, con notables diferencias en los efectos de estos tipos de IDE entre el CUSFTA y la UE. Desbordamientos de la IDE Orientacion mercantil Integracion regional

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.tandfonline.com/doi/abs/10.1080/00343400903401600
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Regional Studies.

Volume (Year): 44 (2010)
Issue (Month): 8 ()
Pages: 949-963

as in new window
Handle: RePEc:taf:regstd:v:44:y:2010:i:8:p:949-963

Contact details of provider:
Web page: http://www.tandfonline.com/CRES20

Order Information:
Web: http://www.tandfonline.com/pricing/journal/CRES20

Related research

Keywords: Foreign direct investment (FDI) spillovers; Market orientation; Regional integration;

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:taf:regstd:v:44:y:2010:i:8:p:949-963. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.