U.S. and Swedish Direct Investment and Exports

Magnus Blomstrom, Robert Lipsey and Ksenia Kulchycky

No 2390, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Overseas production in a country by affiliates of Swedish and U.S. firms rarely appears to displace exports from the two home countries and in most cases either has no effect or tends to increase home country exports. The positive effect on Swedish exports is evident not only with respect to levels of exports to different countries at one time but also with respect to changes in exports over time. The positive effect on U.S. exports can be observed for minority-owned as well as majority-owned foreign operations.

Date: 1987-09
Note: ITI IFM
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Published as U.S. and Swedish Direct Investment and Exports , Magnus Blomstrom, Robert E. Lipsey, Ksenia Kulchycky. in Trade Policy Issues and Empirical Analysis , Baldwin. 1988

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