EconPapers    
Economics at your fingertips  
 

Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates

Richard Baldwin () and Toshihiro Okubo ()

No 8963, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper applies a novel empirical approach to characterising the horizontal-ness and vertical-ness of affiliates based on Yeaple’s complex FDI concept. In its simplest form, horizontal-ness is measured as affiliates’ local sales share while their vertical-ness is measures as their share of non-local sourcing of intermediates. Japanese affiliates in most sectors and nations are partly vertical and partly horizontal but those in North American are far more ‘horizontal’ than those in the EU and Asia. Affiliates became more vertical between 1996 and 2005. A four-way sales and sourcing split (host, home, regional and RoW) suggests that affiliates act as nodes in regional production networks – especially in Asia. We posit several hypotheses that could be tested with our empirical approach.

Keywords: complex FDI; Japanese foreign affiliates; multinationals; networked FDI; sales; sourcing; vertical and horizontal FDI (search for similar items in EconPapers)
JEL-codes: F21 F23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Date: 2012-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://www.cepr.org/active/publications/discussion_papers/dp.php?dpno=8963 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org

Related works:
Journal Article: Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates (2014) Downloads
Working Paper: Networked FDI: Sales and sourcing patterns of Japanese foreign affiliates (2012) Downloads
Working Paper: Networked FDI: Sales and Sourcing Patterns of Japanese Foreign Affiliates (2012) Downloads
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:cpr:ceprdp:8963

Ordering information: This working paper can be ordered from
http://www.cepr.org/ ... ers/dp.php?dpno=8963

Access Statistics for this paper

More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().

 
Page updated 2019-12-06
Handle: RePEc:cpr:ceprdp:8963