Networked FDI: Sales and sourcing patterns of Japanese foreign affiliates

Richard Baldwin, Toshihiro Okubo

研究成果: Article査読

27 被引用数 (Scopus)

抄録

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.

本文言語English
ページ(範囲)1051-1080
ページ数30
ジャーナルWorld Economy
37
8
DOI
出版ステータスPublished - 2014 8

ASJC Scopus subject areas

  • 会計
  • 財務
  • 経済学、計量経済学
  • 政治学と国際関係論

フィンガープリント

「Networked FDI: Sales and sourcing patterns of Japanese foreign affiliates」の研究トピックを掘り下げます。これらがまとまってユニークなフィンガープリントを構成します。

引用スタイル