Multinationals and Plant Survivals in Swedish Manufacturing
AbstractAre multinational enterprises MNEs more likely than none-MNEs, owing to their footlose charater, to close down their plants? The results from using a panel o all Swedish manufacturing plants over the period 1993 and 2002 suggest that MNE plants, and in particular Swedish MNE plants, have higher probability to exit the market than non-MNE plants. The outcome is robust controlling for other variables affecting the survival rates. Among non-MNE plants the probabilities of exit is higher in non-exporting firms than in exporting firms. Moreover, the increased forefin presence in swedish manufacturing seems, due to intesified competition, to have led to higher exit rates of plants in non-exporting non-MNEs. Plants of globally engaged indigenous firms, such as plants of Swedish MNEs and exporting non-MNEs, appear. on the other hand, to have been unaffected of the increased foregin presence.
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Bibliographic InfoPaper provided by Örebro University, School of Business in its series Working Papers with number 2007:7.
Length: 19 pages
Date of creation: 01 Nov 2007
Date of revision:
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Postal: Örebro University School of Business, SE - 701 82 ÖREBRO, Sweden
Phone: 019-30 30 00
Fax: 019-33 25 46
Web page: http://www.oru.se/Institutioner/Handelshogskolan-vid-Orebro-universitet/
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Survival analysis; multinational enterprises; foregin ownership;
Other versions of this item:
- Roger Bandick, . "Multinationals and plant survival in Swedish manufacturing," Discussion Papers 07/31, University of Nottingham, GEP.
- C41 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Duration Analysis; Optimal Timing Strategies
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-11-10 (All new papers)
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- Tomohiko Inui & Richard Kneller & Toshiyuki Matsuura & Danny McGowan, .
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10/04, University of Nottingham, GEP.
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- Bandick, Roger & Karpaty, Patrick, 2007.
"Foregin Acquisition and Employment Effects in Swedish Manufacturing,"
2007:10, Örebro University, School of Business.
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- Katariina Nilsson Hakkala & Fredrik Heyman & Fredrik Sjöholm, 2010. "Multinationals, skills, and wage elasticities," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 146(2), pages 263-280, June.
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