MARC Record from Library of Congress

LEADER: 02265cam a22003017a 4500
001 2005617586
003 DLC
005 20130710075016.0
007 cr |||||||||||
008 050614s2005 gw sb 000 0 eng
010 $a 2005617586
040 $aDLC$cDLC
043 $as-cl---
050 00 $aHD5701
100 1 $aÁlvarez, Roberto$q(Álvarez Espinoza)
245 10 $aMultinationals and plant exit$h[electronic resource] :$bevidence from Chile /$cby Roberto Alvarez, Holger Görg.
260 $aBonn, Germany :$bIZA,$c[2005]
490 1 $aDiscussion paper ;$vno. 1611
538 $aSystem requirements: Adobe Acrobat Reader.
538 $aMode of access: World Wide Web.
500 $aTitle from PDF file as viewed on 6/14/2005.
530 $aAlso available in print.
504 $aIncludes bibliographical references.
520 3 $a"This paper examines the link between multinational enterprises and plant exit in Chile. We investigate three main questions: are affiliates of foreign multinationals more likely to exit than domestic firms? Does the exit probability of multinationals depend on its export orientation?, and Does the presence of multinationals affect the survival of other firms in the economy? Our results show that foreign plants are more likely to exit the economy, controlling for other firm and industry characteristics, only during the late 1990s, a period when the Chilean economy experience a massive slowdown. Our data also suggest that only domestic market oriented multinationals responded to this negative shock by being more "footloose"; this is not true for multinational exporters. We also find that the presence of multinationals has a positive effect on plant survival in the early 1990s. This positive effect, however, is fully captured by productivity, once controlling for TFP in our exit regressions we do not find any further impact of multinational presence on a plant's probability of exit"--Forschungsinstitut zur Zukunft der Arbeit web site.
650 0 $aInternational business enterprises$zChile.
700 1 $aGörg, Holger.
830 0 $aDiscussion paper (Forschungsinstitut zur Zukunft der Arbeit : Online) ;$vno. 1611
856 40 $uhttp://www.iza.org/en/webcontent/publications/papers/viewAbstract?dp_id=1611