Firm productivity and the number of FDI destinations: Evidence from a non-parametric test
Using Japanese firm-level data, I examine whether more productive multinational enterprises (MNEs) invest in a larger number of foreign regions in the manufacturing sector. I employ the Kolmogorov–Smirnov (KS) test to compare the overall distribution of productivity by multinational status. I find t...
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Published in | Economics letters Vol. 117; no. 1; pp. 1 - 3 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Amsterdam
Elsevier B.V
01.10.2012
Elsevier Science Ltd |
Subjects | |
Online Access | Get full text |
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Summary: | Using Japanese firm-level data, I examine whether more productive multinational enterprises (MNEs) invest in a larger number of foreign regions in the manufacturing sector. I employ the Kolmogorov–Smirnov (KS) test to compare the overall distribution of productivity by multinational status. I find that more productive firms tend to invest in a larger number of foreign regions.
► The fraction of multinationals is low. ► Multinationals tend to be more productive than non-multinationals. ► More productive firms tend to invest in a larger number of foreign regions. |
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Bibliography: | ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23 |
ISSN: | 0165-1765 1873-7374 |
DOI: | 10.1016/j.econlet.2012.04.079 |