The Single Market and the geographical diversification of leading firms in the EU

Frank Barry and Stephen Pavelin

No 200305, Working Papers from School of Economics, University College Dublin

Abstract: Geographical diversification describes the degree to which a firm’s operations in a particular industry are dispersed across countries. This paper presents evidence on the geographical diversification within the EU of the 290-odd largest manufacturing firms in Europe. We also explore how geographical diversification changed with the introduction of the Single Market. We highlight differences between firms’ home and foreign operations and study the variation across sectors and across EU countries. Ireland, which began its rapid FDI-fuelled convergence on average EU living standards over our data period, emerges as a special case and receives particular attention.

Keywords: Single Market; Geographical diversification; FDI; Multinational corporations; International economic integration; International business enterprises--Europe; Industrial location--Europe (search for similar items in EconPapers)
JEL-codes: F15 F23 O52 (search for similar items in EconPapers)
Date: 2003-02
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Citations: View citations in EconPapers (1)

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http://hdl.handle.net/10197/1327 First version, 2003 (application/pdf)

Related works:
Journal Article: The Single Market and the Geographical Diversification of Leading Firms in the EU (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:wpaper:200305

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