IDEAS home Printed from https://ideas.repec.org/p/hhs/hastef/0483.html
   My bibliography  Save this paper

The Single European Market, Swedish Investment Liberalisation, and Horizontal and Vertical Multinationals

Author

Listed:
  • Mathä, Thomas

    (European Institute of Japanese Studies)

Abstract

This paper analyses the effects of the Single European Market and Swedish Investment liberalisation on the structure of Swedish multinationals with their EU affiliates. The empirical results suggest that the determinants associated with horizontal and vertical multinationals have become increasingly relevant between 1974 and 1994. Horizontal multinationals are increasingly deterred by large plant-level economies of scale, increasingly associated with large trade costs and relative factor endowment similarities, while vertical multinationals are increasingly associated with relative factor endowment differences. This suggests that European integration has increased competitive pressures to enhance efficiency in exploiting economies of scale, and specialisation according to comparative advantages.

Suggested Citation

  • Mathä, Thomas, 2001. "The Single European Market, Swedish Investment Liberalisation, and Horizontal and Vertical Multinationals," SSE/EFI Working Paper Series in Economics and Finance 483, Stockholm School of Economics.
    • Handle: RePEc:hhs:hastef:0483
    as

    Download full text from publisher

    File URL: http://swopec.hhs.se/hastef/papers/hastef0483.pdf
    File Function: Complete Rendering
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    Single European Market; Swedish Investment Liberalisation; Country Size; Factor Endowments; Horizontal & Vertical Multinationals;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:hastef:0483. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Helena Lundin (email available below). General contact details of provider: https://edirc.repec.org/data/erhhsse.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.