search query: @indexterm Regional development / total: 1074
reference: 34 / 1074
| Author: | Hejazi, W. |
| Title: | Reconsidering the concentration of US MNE activity: is it global, regional or national? |
| Journal: | Management International Review
2007 : VOL. 47:1, p.5-27 |
| Index terms: | multinational companies USA models regional development |
| Language: | eng |
| Abstract: | Several recent papers by Rugman and his colleagues have improved understanding of the regional concentration in the activities of the world's largest 500 multinational enterprises (MNEs). This paper extends this literature in two dimensions: i. 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, and ii. the 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 shows that regional concentrations in US MNE activity are driven by the national dimension. It also indicates that these national concentrations have not hindered US MNE access to important global markets. As such, there should be no attempt to increase US MNE activity globally stemming solely from a large concentration in the home region. |
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