The Single Market and The Geographical Diversification of Leading Firms in the EU
AbstractGeographical diversification describes the degree to which a firm’s operations in a particular industry are dispersed across countries. This paper presents evidence on the geographical diversification within the EU of the 290-odd largest manufacturing firms in Europe. We also explore how geographical diversification changed with the introduction of the Single Market. We highlight differences between firms’ home and foreign operations and study the variation across sectors and across EU countries. Ireland, which began its rapid FDI-fuelled convergence on average EU living standards over our data period, emerges as a special case and receives particular attention.
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Bibliographic InfoPaper provided by School Of Economics, University College Dublin in its series Working Papers with number 200305.
Length: 20 pages
Date of creation: 15 Feb 2003
Date of revision:
Single Market; Geographical Diversification; FDI; Multinational Corporations;
Find related papers by JEL classification:
- F15 - International Economics - - Trade - - - Economic Integration
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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