Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level Data

Using firm-level panel data for Korean multinational enterprises (MNEs), we make a distinction between being the only affiliate of a parent firm and being one of the multiple affiliates of a parent firm. In particular, we attempt to find a correlation between the sales of foreign affiliates and the...

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Main Authors: Jung Hur, Jiwon Lee, Hea-Jung Hyun
Format: Article
Language:English
Published: Korea Institute for International Economic Policy 2013-09-01
Series:East Asian Economic Review
Subjects:
Online Access:http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.3.266
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author Jung Hur
Jiwon Lee
Hea-Jung Hyun
author_facet Jung Hur
Jiwon Lee
Hea-Jung Hyun
author_sort Jung Hur
collection DOAJ
description Using firm-level panel data for Korean multinational enterprises (MNEs), we make a distinction between being the only affiliate of a parent firm and being one of the multiple affiliates of a parent firm. In particular, we attempt to find a correlation between the sales of foreign affiliates and the productivity of multinational firms. Our main empirical results in this paper suggest that productive Korean MNEs would enlarge the number of affiliates in the host country.
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spelling doaj.art-23c1756e6d6a4bf2877913809226d51c2022-12-22T01:20:54ZengKorea Institute for International Economic PolicyEast Asian Economic Review2508-16402508-16672013-09-01173261279http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.3.266Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level DataJung Hur 0Jiwon Lee 1Hea-Jung Hyun 2Department of Economics, Sogang UniversityDepartment of Economics, Sogang UniversityCollege of International Studies, Kyung Hee UniversityUsing firm-level panel data for Korean multinational enterprises (MNEs), we make a distinction between being the only affiliate of a parent firm and being one of the multiple affiliates of a parent firm. In particular, we attempt to find a correlation between the sales of foreign affiliates and the productivity of multinational firms. Our main empirical results in this paper suggest that productive Korean MNEs would enlarge the number of affiliates in the host country.http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.3.266Foreign Direct InvestmentMultinationalsFirm ProductivityLocation Decision
spellingShingle Jung Hur
Jiwon Lee
Hea-Jung Hyun
Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level Data
East Asian Economic Review
Foreign Direct Investment
Multinationals
Firm Productivity
Location Decision
title Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level Data
title_full Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level Data
title_fullStr Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level Data
title_full_unstemmed Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level Data
title_short Correlation between Sales of Foreign Affiliates and Productivity of Multinational Firms: Evidence from Korean Firm-Level Data
title_sort correlation between sales of foreign affiliates and productivity of multinational firms evidence from korean firm level data
topic Foreign Direct Investment
Multinationals
Firm Productivity
Location Decision
url http://dx.doi.org/10.11644/KIEP.JEAI.2013.17.3.266
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AT heajunghyun correlationbetweensalesofforeignaffiliatesandproductivityofmultinationalfirmsevidencefromkoreanfirmleveldata