Adaptation and the Boundary of Multinational Firms

This paper offers the first empirical analysis of the impact of adaptation on the boundary of multinational firms. To do so, we develop a ranking of sectors in terms of “routineness” by merging two sets of data: (i) ratings of occupations by their intensities in “solving problems” from the U.S. Dep...

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Main Authors: Costinot, Arnaud, Oldenski, Lindsay, Rauch, James
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: MIT Press 2010
Online Access:http://hdl.handle.net/1721.1/53417
https://orcid.org/0000-0002-5503-297X
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author Costinot, Arnaud
Oldenski, Lindsay
Rauch, James
author2 Massachusetts Institute of Technology. Department of Economics
author_facet Massachusetts Institute of Technology. Department of Economics
Costinot, Arnaud
Oldenski, Lindsay
Rauch, James
author_sort Costinot, Arnaud
collection MIT
description This paper offers the first empirical analysis of the impact of adaptation on the boundary of multinational firms. To do so, we develop a ranking of sectors in terms of “routineness” by merging two sets of data: (i) ratings of occupations by their intensities in “solving problems” from the U.S. Department of Labor’s Occupational Information Network; and (ii) U.S. employment shares of occupations by sectors from the Bureau of Labor Statistics Occupational Employment Statistics. Using U.S. Census trade data, we then demonstrate that the share of intrafirm trade tends to be higher in less routine sectors.
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spelling mit-1721.1/534172022-10-01T06:50:35Z Adaptation and the Boundary of Multinational Firms Costinot, Arnaud Oldenski, Lindsay Rauch, James Massachusetts Institute of Technology. Department of Economics Costinot, Arnaud Costinot, Arnaud This paper offers the first empirical analysis of the impact of adaptation on the boundary of multinational firms. To do so, we develop a ranking of sectors in terms of “routineness” by merging two sets of data: (i) ratings of occupations by their intensities in “solving problems” from the U.S. Department of Labor’s Occupational Information Network; and (ii) U.S. employment shares of occupations by sectors from the Bureau of Labor Statistics Occupational Employment Statistics. Using U.S. Census trade data, we then demonstrate that the share of intrafirm trade tends to be higher in less routine sectors. 2010-04-01T15:23:28Z 2010-04-01T15:23:28Z 2011-02 2009-10 Article http://purl.org/eprint/type/SubmittedJournalArticle 0034-6535 http://hdl.handle.net/1721.1/53417 Costinot, Arnaud, Linsay Oldenski, and James Rauch. "Adaptation and the Boundary of Multinational Firms." Review of Economics and Statistics, February 2011, Vol. 93, No. 1, Pages 298-308. https://orcid.org/0000-0002-5503-297X en_US http://dx.doi.org/10.1162/REST_a_00072 Review of Economics and Statistics Attribution-Noncommercial-Share Alike 3.0 Unported http://creativecommons.org/licenses/by-nc-sa/3.0/ application/pdf MIT Press author/dept web page
spellingShingle Costinot, Arnaud
Oldenski, Lindsay
Rauch, James
Adaptation and the Boundary of Multinational Firms
title Adaptation and the Boundary of Multinational Firms
title_full Adaptation and the Boundary of Multinational Firms
title_fullStr Adaptation and the Boundary of Multinational Firms
title_full_unstemmed Adaptation and the Boundary of Multinational Firms
title_short Adaptation and the Boundary of Multinational Firms
title_sort adaptation and the boundary of multinational firms
url http://hdl.handle.net/1721.1/53417
https://orcid.org/0000-0002-5503-297X
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