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

Jung Hur, Jiwon Lee () and Hea-Jung Hyun
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Jiwon Lee: Sogang University

East Asian Economic Review, 2013, vol. 17, issue 3, 261-279

Abstract: 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.

Keywords: Foreign Direct Investment; Multinationals; Firm Productivity; Location Decision (search for similar items in EconPapers)
JEL-codes: D22 F23 O53 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:eaerev:0054

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