Reconsidering the concentration of US MNE activity: Is it global, regional or national?

Walid Hejazi
Additional contact information
Walid Hejazi: University of Toronto

Management International Review, 2007, vol. 47, issue 1, No 2, 5-27

Abstract: Abstract Abstract and Key Results Several recent papers by Rugman and his colleagues have improved our understanding of the regional concentration in the activities of the world’s largest 500 MNEs. The current paper extends this literature in two dimensions. First, a formal statistical analysis is undertaken to test whether patterns of US MNE assets, sales, income, and employment are consistent with a transactions cost interpretation. Second, this paper allows for the national dimension, defined as activities inside the home country, to be a possible explanation of regional concentrations of MNE activity. The evidence robustly shows that regional concentrations in US MNE activity are driven by the national dimension. The analysis also indicates that these national concentrations have not hindered US MNE access to important global markets — that is, US MNE managers have gotten it right. As such, there should be no attempt to increase US MNE activity globally stemming solely from a large concentration in the home region.

Keywords: US MNEs; Regionalization; Gravity Model (search for similar items in EconPapers)
Date: 2007
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (11)

Downloads: (external link)
http://link.springer.com/10.1007/s11575-007-0002-8 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:manint:v:47:y:2007:i:1:d:10.1007_s11575-007-0002-8

Ordering information: This journal article can be ordered from
http://www.springer.com/journal/11575

DOI: 10.1007/s11575-007-0002-8

Access Statistics for this article

Management International Review is currently edited by Michael-Jörg Oesterle and Joachim Wolf

More articles in Management International Review from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().