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Multinational enterprises, regional economic integration, and export-platform production in the host countries: An empirical analysis for the US and Japanese corporations

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Abstract

Multinational Enterprises, Regional Economic Integration and Export-Platform Production in the Host Countries: An Empirical Analysis for the US and Japanese Corporations. — This paper analyzes determinants of export orientation of overseas affiliates of US and Japanese MNEs for the 1982–1994 period. The author contends that production geared to MNEs’ home market and that production oriented to third-country markets are determined by different factors. The empirical analysis finds the home-market-oriented production concentrated in countries that offer low-cost workforce, enjoy geographical proximity or preferential access to the home market. The location of third-country-market-oriented exports is influenced more by strategic factors such as participation in regional trading blocs and preferential access to major markets than factor costs considerations.

Zusammenfassung

Multinationale Unternehmen, regionale wirtschaftliche Integration und Exportplattform-Produktion in den GastlÄndern: Eine empirische Analyse amerikanischer und japanischer Unternehmen. — Der Verfasser untersucht Bestimmungs-gründe für die Exportorientierung von überseeischen Töchtern amerikanischer und japanischer Multis in der Periode 1982-1994. Er behauptet, da\ die Produktion, die für den heimischen Markt der Unternehmen vorgesehen ist, und die Produktion für MÄrkte in dritten LÄndern durch unterschiedliche Faktoren bestimmt werden. Die empirische Analyse erbringt, da\ die für den heimischen Markt vorgesehene Produktion in LÄndern konzentriert ist, die billige ArbeitskrÄfte bieten und geographische NÄhe oder prÄferentiellen Zugang zum heimischen Markt genie\en. Der Standort der Produktion, die für DrittlandsmÄrkte bestimmt ist, wird mehr durch strategische Faktoren — wie Teilhabe an regionalen Handelsblöcken und prÄferentieller Zugang zu wichtigen MÄrkten — beeinflu\t als durch überlegungen hinsichtlich der Faktorkosten.

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  1. Nagesh Kumar
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Kumar, N. Multinational enterprises, regional economic integration, and export-platform production in the host countries: An empirical analysis for the US and Japanese corporations. Weltwirtschaftliches Archiv 134, 450–483 (1998). https://doi.org/10.1007/BF02707926

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